The Senator points out that most people pay payroll taxes. Especially in the income brackets where they are lacking health insurance, they are paying more in payroll taxes than they are income taxes. That is why you are only getting 600,000 more people with health insurance at a cost of $18,000 in tax incentives per person per year. What a giveaway. Does the Senator agree that for those income groups that lack a lot of health insurance coverage--and that is low-income people who are working for minimum wage or maybe above minimum wage, or working for small businesses that can't afford to give them health insurance coverage in our small towns and communities --would it not be better or cheaper, fairer to expand the Medicaid program or the CHIP program to cover the kids?
Tom Harkin: “The Senator points out that most people pay payroll taxes. Especially in the income brackets where they are lacking…”
On the recordOctober 26, 2000
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govinfo.govEditor's note · Context
Discussing health insurance coverage and tax incentives during a Senate debate.
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