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2001400ex
Member Posts: 29,457
in Tug Tavern
Closed door partisan meetings and Cadillac tax on employer provided insurance.
Obama's law levied $1.1 trillion in taxes over a decade to finance its expanded coverage to millions. GOP leaders said some or all of those taxes could be repealed, with the revenue replaced by a new tax on health care that employees receive at work.
Two people familiar with the proposal said individuals would pay taxes on the value of such coverage above $12,000, and above $30,000 for families. Republicans would not confirm those amounts, though House Ways and Means Committee Chairman Kevin Brady, R-Texas, told reporters "the vast, vast majority of Americans" would be unaffected.
https://www.yahoo.com/finance/news/house-gop-batting-around-options-080740612.html
Obama's law levied $1.1 trillion in taxes over a decade to finance its expanded coverage to millions. GOP leaders said some or all of those taxes could be repealed, with the revenue replaced by a new tax on health care that employees receive at work.
Two people familiar with the proposal said individuals would pay taxes on the value of such coverage above $12,000, and above $30,000 for families. Republicans would not confirm those amounts, though House Ways and Means Committee Chairman Kevin Brady, R-Texas, told reporters "the vast, vast majority of Americans" would be unaffected.
https://www.yahoo.com/finance/news/house-gop-batting-around-options-080740612.html
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