I heard that employer-provided health benefits would be taxed, but everyone would be offered a tax deduction - $7500 for singles, $15,000 for families - whether they had employer-provided health benefits or not. Presumably, the money from the deduction could be used to buy health insurance by those who did not get it from their employers. And for those who did get if from their employers - they could use the deduction to offset their new tax on benefits. If the value of their benefits exceeded $7500 for singles or $15,000 for families, then they would now be paying a new tax on the difference.
The IRS has been trying for decades to get their hands on employer-paid health benefits and the labor unions have been fighting them. Somehow, I don't think the labor unions will go for this new plan.
Thank you very much...
Yeah...the unions are VERY strong...and I also remember when one of Pres. Bush's BEST plans, IMHO...the OPTION to have PART of one's social security put in a private account...was run out of town NOT by the dems...but by his own party not backing it.
They also kowtowed to the unions re: the Dubai ports deal..and also amendments to the Homeland Security bill to make it illegal to hire someone to work at the ports if they have a felony record...
NO WAY did the unions want that..and it was voted down.
Will undocumented workers get it as well?