So has anyone heard the one about Democrats imposing a 35% tax on health care benefits that range from $8,000 for individuals to $21,000 per family?You haven’t. That’s odd. I am sure the MSM would be discussing a plan that would essentially be one of the largest tax increases in our history and would essentially reduce health care benefits to many Americans. Hmmm…what else could they be reporting on?
Oh that’s right. Our President is on a marketing tour in Copenhagen ensuring his cronies in Chicago make a quick buck from the Olympics. Thank God the MSM is on top that story, since it has such an impact on so many Americans. … Ok, now back to Congress shenanigans.
So the Senate Finance committee wants to impose a 35% tax on employer-sponsored health care benefits that cross the above mentioned threshold. This will inevitably lead employer’s to reduce benefits, fire employees, or increase costs to consumers.
Now why would Congress purposely increase the cost of employer-sponsored health care benefits at the determinant of the employees and consumers. It is possible that Congress is purposely increasing the cost of employer-sponsored health care benefits in order to garner support in the business sector for a public option. Congress could pitch the idea that employers could avoid the 35% tax through a public option. And if the public option is passed, employers will inevitably dump their employees into a public option in order to avoid the 35% tax. Even though there is no viable explanation why employer-sponsored health care benefits should be taxed, I am sure Congress is acting in our best interests in and not in its interest of increasing its reach into our lives.
Language on the 35% tax is found on page 202. Happy reading.