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Brownback health insurance tax hits trouble in Legislature amid Aetna opposition

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SlevinKelevra

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Brownback health insurance tax hits trouble in Legislature amid Aetna opposition | The Wichita Eagle The Wichita Eagle

The governor proposed $136 million in new taxes on health maintenance organizations, a measure now in trouble because one powerful insurer would be hit with millions more in new taxes.

Failure to get the new insurance taxes passed could mean deeper budget cuts or lead to higher tax increases in other areas to balance the state’s budget.

The problem was compounded by new revenue estimates released Monday showing the state in a $400 million deficit for fiscal year 2016 that would grow close to $500 million if the bill were to fail.
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bite that corporate hand that feeds... or.... fall into an inescapable debt hole. Wait, I thought "raising taxes decreased revenues"... :roll:
 
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