President Bush is going to propose making individual health insurance coverage tax deductible on federal tax returns.
There is nothing wrong with this idea except that it is a few decades late and a few billion dollars short of having a real impact on anything.
Yeah, color me unimpressed.
If we do nothing else, we should allow tax filers who do not itemize deductions to pay health premiums with pre-tax dollars. Even this, however, doesn't come close to real tax reform.