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My Way News - Obama not closing door on possible health care taxObama not closing door on possible health care tax
WASHINGTON (AP) - With lawmakers trying to crunch the numbers on a $1 trillion health care overhaul, President Barack Obama is leaving the door open to a new tax on employer-provided health care benefits.
Senior senators said Wednesday the benefits tax could be essential for the complex plan to be fully financed.
"I don't want to prejudge what they're doing," Obama said, referring to proposals in the Senate to tax workers who get expensive insurance policies. Obama, who campaigned against the tax when he ran for president, drew a quick rebuff from organized labor.
Assuming that this goes thru, and that medical benefits are inputed as income and taxed accordingly -- does this qualify as a break in the promise to not raise the taxes of anyone making $250k or less?
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