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Fact check: McCain lies about Obama's plan "mandates or fines," small businesses are exempt.

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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:50 PM
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Fact check: McCain lies about Obama's plan "mandates or fines," small businesses are exempt.
McCAIN: Said he would provide a $5,000 refundable tax credit for families to buy health insurance "rather than mandates or fines for small businesses as Sen. Obama's plan calls for."

THE FACTS: Obama's health care plan does not impose mandates or fines on small business. He would provide small businesses with a refundable tax credit of up to 50 percent on health premiums paid on behalf of their employees. Also, large employers that do not offer meaningful coverage or contribute to the cost of coverage would be required to pay a percentage of payroll toward the costs of a public insurance plan. But small businesses would be exempt from that requirement.

http://news.yahoo.com/s/ap/20081008/ap_on_el_pr/debate_fact_check_4
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lxlxlxl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:51 PM
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1. Anyways...I still the GOP's idea of a "small business" is a boutique investment firm or hedge fund..
they are playing games with dumb numbers...
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:55 PM
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2. Yep
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:59 PM
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3. The size of the fine for small businesses: 0
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:11 AM
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4. kick
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:22 AM
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5. kick
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