Wednesday, January 20, 2010
Thursday, January 14, 2010
More Sweet Deals for Labor Unions
This one will make you mad. Have you heard that in order to pay for Obama-care, people who receive a "Cadillac" health insurance policy from their employers are going to be taxed on it? Under the Senate Finance plan, health insurance plans that cost more than $8,000 a year for individuals ($21,000 for families) will pay a FORTY percent tax on the amount above that threshold. I think the insurance company picks up the rest of the tab. Not that it matters who pays it, the ultimate cost will be paid by the insured.
Anyone who has shopped around for insurance knows that it is very easy for a healthy person's insurance plan to cost more than $8,000 a year. And guess which group has a large number of its members with Cadillac plans? I'll give you a hint - they are a huge supporter of Democrats. That's right, labor unions. Labor unions are mad about this new tax.
So guess what they are doing - negotiating with Democrats on an exception to that tax for unions. Reportedly, the unions will drop their objections to the tax if Democrats will carve out an exception to the tax for those plans negotiated under a collective bargaining agreement. Click here to read more about the "Labor Loophole".
Anyone who has shopped around for insurance knows that it is very easy for a healthy person's insurance plan to cost more than $8,000 a year. And guess which group has a large number of its members with Cadillac plans? I'll give you a hint - they are a huge supporter of Democrats. That's right, labor unions. Labor unions are mad about this new tax.
So guess what they are doing - negotiating with Democrats on an exception to that tax for unions. Reportedly, the unions will drop their objections to the tax if Democrats will carve out an exception to the tax for those plans negotiated under a collective bargaining agreement. Click here to read more about the "Labor Loophole".
Subscribe to:
Posts (Atom)
