As a former tax counsel to the Senate Finance Committee who helped develop provisions of the Affordable Care Act, I can say this unequivocally: the law’s so-called “Cadillac Tax” should be repealed.
It was bad tax policy then, and it remains bad tax policy now. If it remains in place, it will eventually undermine employer-based health insurance, as almost all companies will sooner or later become subject to it and as a result may be likely to drop employee health benefits.
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