Why the wheels are coming off the Obamacare ‘Cadillac tax’
7/21/19
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by Megan McArdle,
from The Washington Post,
7/18/19:
I regret to inform you that a death may be in the offing. Obamacare’s “Cadillac tax” is facing a bipartisan congressional firing squad. The House voted on Wednesday to repeal it, and the Senate may follow suit. Someday soon, the tax may slip into the political boneyard without ever taking effect.
In case you aren’t steeped in the Affordable Care Act’s wonky details, the Cadillac tax is a 40 percent excise on expensive health-care plans. The policy was unlovable, opaque and oddly structured.
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