Cold Fusion Worth Discussing

Tim Kaine may have offered “None. Zip. Nada.” in the way of new spending initiatives at the Greenbrier debate, but apparently he does have new spending plans. On a day where Jerry Kilgore was endorsed by the National Federation of Independent Business, Kaine conducted a “town hall” meeting at Capital One in Goochland, covered by Tyler Whitley of the Richmond Times-Dispatch. His campaign put out a press release saying, “Kaine has proposed a $500-per-employee tax credit to small businesses to offset health-insurance costs.”

Now this seems like a budget buster on par with Kilgore’s $500 tax credit to parents for tutoring, but getting health insurance to more Virginians is an important issue. Kaine has done a lot of good work exploring health insurance options for small business and a debate about how to do it is worth having, although business issues certainly don’t capture the imagination like the old, tried and true endless debate on abortion.

As proof that Kaine is not wedded to higher taxes, he did not ask Capital One employees, “What’s in your wallet?”


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Comments

  1. $40 a month doesn’t buy much health insurance. It would make a much bigger difference if VA came up with a way that lets small employers and individuals buy health insurance at the same rates the big companies do.

    Chris
    http://odonnellweb.com

  2. Ray Hyde Avatar
    Ray Hyde

    I believe one of the biggest drains on the economy is that small businesses caanot afford to provide health care. Pubs are supposed to be pro-business, but they are missing the boat on health care.

  3. Ray –

    It’s only a matter of time before REPUBLICANS (gasp!) push government health insurance at the national level. Businesses are screaming for it…

  4. Anonymous Avatar
    Anonymous

    Is a tax credit a spending plan? It certainly hurts revenue intake, but selectively taxing less is not the same thing as spending more as far as I know. Tax credits can be budget busters, but that doesn’t make them spending programs.

  5. Ray Hyde Avatar
    Ray Hyde

    healthcare landing on the backs of businesses was an accident of history. After the war some businesses offered healthcare as an incentive, then it became common practice, and finally the American way.

    But part of the American way is about competitiveness, and at these prices we can’t compete. When adding every employee is a major consideration on account of health care it can only drag the economy down or send it overseas.

    The alternative is we can forgo health care, be sick more often and die sooner. That’s one way to compete with the rest of the world.

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