The Tax Foundation's Robert Carroll has an op-ed in today's WSJ concerning the McCain health plan. Carroll emphasizes that the simple characterization of McCain's plan as taxing health care benefits neglects the fact that the plan would also include a (socialistic, according to Republicans) refundable tax credit for a married couple's health insurance spending up to $5,000. Carroll's main point can be summed up by the title of his article: "Almost Everyone Would Do Better Under The McCain Health Plan".
The Tax Policy Center has just released some new estimates on this issue (for both candidates' plans). See their post for more, but here's the money quote vis-a-vis McCain's plan:For more, see the TPC post.