POLICY: Bush Plans Tax Code Overhaul, with UPDATE

Look at this trial balloon--Bush Plans Tax Code Overhaul. Getting rid of tax deductibility of health insureance as a business expense!! Are they serious? If so that really would put the cat amongst the pigeons!

UPDATE: Ross works out the logical process if this happens without some associated legislation creating the ability to buy collectively (and it must be pointed out, mandatedly with risk adjustment a la Enthoven (as the NY Times reports today). And yup, it's not pretty