The surest indicator of how things have changed since the election is that Bush came to Missouri today, but the lead story in St. Louis Today (The St. Louis Post-Dispatch online site) ended up being about the winning Powerball ticket being sold in Missouri.
Bush’s visit was relegated to the back pages; along with an interview with the brother of the man who was arrested for kidnapping the two kids who have been in the news too much; a corpse discovered in the ditch in Centerville; a delay in the Highway 40 construction project; and a pit bull mauling in the bootheel.
Personally, I was interested in the Highway 40 construction project delays.
According to the story:
Bush met at St. Luke’s Health System’s Lee’s Summit hospital with a group of small business owners and employees to discuss how his plan would effect them.
Dan Jones, an engineer for a St. Louis-based computer company, said he’s uninsured because he couldn’t afford the premiums, which he said increased to $400 a month.
“That $4,800 (a year’s worth of premiums) is a lot of money,” he said. “That’s money that could go toward a car or a house.”
Bush said the plan would save Jones more than the cost for an insurance plan.
“Here’s a classic case, a young guy in the market place priced out of the individual market,” he said. “The plan helps him.”
Is there a new math involved here? Can someone explain to me how a tax deduction on the first $7500.00 of a single person’s income tax would save more than $4,800.00 a year?