McCain says in a new TV ad: “Let’s give every American family a $5,000 refundable tax credit” to buy health insurance. Sounds good. But McCain failed to mention how existing employer-sponsored health benefits would be affected.
Q: Did Democrats increase federal income tax rates in 2014 under Obamacare? A:No. Tax increases mentioned in a viral email went into effect a year earlier, as part of a budget deal supported by many Republicans as well as most Democrats.