GOP Senators Weigh Taxing Employer-Health Plans

Fox Business ^ | June 01, 2017 | Stephanie Armour and Kristina Peterson

[oincobx]

Senate Republicans set on reworking the Affordable Care Act are considering taxing employer-sponsored health insurance plans, a move that would meet stiff resistance from companies and potentially raise taxes on millions of people who get coverage on the job.

[oincobx]

As OMB ditector Mick Mulvaney noted in his budget proposal, lower tax rates will pay for themselves. That can happen through faster growth or broadening the base upon which the tax applies. In his budget, he said faster growth would allow for increased spending. So now we are finding out how they will offset the lower tax rate - through a broadening of the base.

[Nifster]

Erma Gawd. These people are friggin insane

[DoughtyOne]

Trump is looking to spark the economy.

These folks are looking for flame retardant.

It’s shocking how out of touch they are.

[AndyJackson]

Thank goodness the other party is totally freakin’ nuts, because the party on our side of the table is barking mad.

[E. Pluribus Unum]

What they really want is for your employer to send your check to them and they’ll forward on to you what they think you deserve.

[JBW1949]

Not out of touch...Just want to damage President Trump....

[Just mythoughts]

Wonder IF this bunch have democrat staffers, like other Republicans?

[Gay State Conservative]

Lemme guess....McLame and Grahmnesty?

[TexasFreeper2009]

worst idea ... EVER!

[Republican Wildcat]

Uh, more like they should make purchasing private market insurance be tax deductible - not taxing those plans which are already tax exempt.

This is nonsensical and would be political suicide.

[servantboy777]

If this happens under republican control....I'm soooo freakin done with republicans.

[faithhopecharity]

Didn’t Obama and pelosi do us enough damage? Who are these aholes?

[Da Coyote]

There are no Republicans.

There is only Trump versus various loathsome full and partial Democrats.

War is coming.

[eeriegeno]

Senate republicans are considering raising taxes! Names? We need to know who needs primaried.

[Blood of Tyrants]

Tell me again how the two parties are different.

[aspasia]

The fact that such insurance is not taxed is considered a “tax break” by these tyrants. And the loss to them is becoming too much to endure: more than $250 billion in fiscal 2016.

[Engedi]

They do this and it will hand the Dems a win in 2018. There is so much wasteful spending in the government that they should be able to find the 119B needed to offset for budget.

[Lera]

Are they stupid ?

[oincobx]

In Mulvaney’s statement to the Senate last week he noted that is the Trump tax plan would lose zero in revenue. For every dollar lost through tax rate reductions, another dollar would have to be raised through eliminating deductions, credits and other breaks.

[Lurker]

We pay $1,400 a month for our employer sponsored health insurance.

Just saying.

L