… and liars figure:

“Some people say, ‘Well, Health Saving Accounts are just for the rich and the well,’ “ [White House official] Hubbard said. “As it turns out, of the three million people who have taken up H.S.A.’s, 37 percent were previously uninsured, and 40 percent earn less than $50,000 a year …”

Tax tables prepared by the Treasury show that a married couple with two children and income of $40,000 last year could have saved $630 on their federal income taxes if they made a $5,000 contribution to a health savings account. But the same family making the same contribution would have saved $1,500 if they had income of $120,000, the tables show.

Posted by Jerome Doolittle at February 02, 2006 04:47 PM

Email this entry to:


Your email address:


Message (optional):