Reform Suggestion Seven: Eliminate Tax Deductions for Health Care Expenses.
Do we want Americans to spend more and more money on health care? If not, why do health care expenses get favorable tax treatment? We made mortgage interest deductible and ended up with the world’s most ridiculous mortgages, as well as the world’s most inflated real estate prices. We’ve made health care expenses deductible and that probably contributes to the fact that we have the world’s most inflated health care prices.
From Philip Greenspun’s plan for U.S. health care reform. It is depressing reading something that makes so much sense, on such an important issue, yet understanding that implementing it would be so fundamentally impossible because of the politics of the situation.
