Unions? Health Benefits May Avoid Tax Under Senate Proposal - Bloomberg.com
Damn Dirty Dems!The U.S. Senate proposal to impose taxes for the first time on “gold-plated” health plans may bypass generous employee benefits negotiated by unions.
Senate Finance Committee Chairman Max Baucus, the chief congressional advocate of taxing some employer-provided benefits to help pay for a $1 trillion overhaul of the U.S. health system, says any change should exempt perks secured in existing collective-bargaining agreements, which can be in place for as long as five years.
The exception, which could make the proposal more politically palatable to Democrats from heavily unionized states such as Michigan, is adding controversy to an already contentious debate. It would shield the 12.4 percent of American workers who belong to unions from being taxed while exposing some other middle-income workers to the levy.
“I can’t think of any other aspect of the individual income tax that treats benefits of different people differently because of who they work for,” said Chris Edwards, director of tax policy studies at the Cato Institute, a Washington research group that often criticizes Democrats’ economic proposals. Edwards said the carve-out “smacks of political favoritism.”
All this tax will accomplish is the lightening of the Middle Classes pockets.
****ing brilliant. Tax the people who actually have private healthcare and aren't costing the system money. So the people WITH insurance now have to pay even more money. Who's the brainiac that thought up that wonderful idea?
As it relates to Government Managed Health care, what all voters need to ask of Obama and all the politicians in Washington is; will you be under the same plan as the rest of us.
You might be surprised by the answer to this question.
If they exempt themselves from the identical program they wish to foist on the rest of us, the answer is an OBVIOUS no thank you.
Of course such absurd nonsense is always spewed when Liberals are confronted with the REALITY that the debate is not just about taxes, but about limiting choice, expanding the role of Government in our lives and the FACT that politicians can never get enough of our tax dollars and are incapable of balancing a budget.
This isn't about taxes, this is about the confiscation of citizen’s hard earned wealth so that politicians can pander to ignorant uninformed voters and make them wards of the "State."
Of course such absurd nonsense is always spewed when Conservatives are confronted with the REALITY of a debate, but the FACT is that strawman arguments are pretty weak.
Perhaps my hyperbole was a bit exaggerated, but it's obvious that Republicans want to cut taxes as far as they can. It's equally obvious that government spending actually helps the technology and academia sectors. It's pretty hard to lead the world in technology and academia if the government doesn't support them.