Last week I asked you all to explain to me why the cadillac tax was such a big deal (because it seemed to me that taxing plans over 26k was not that big of a deal), and I started to become persuaded that the politics of it was so bad it should be scrapped, but it seems like that is no longer an issue:
The White House, Congressional leaders and labor unions said Thursday that they had reached agreement on a proposal to tax high-cost health insurance policies, resolving one of the major differences between the House and the Senate over far-reaching health legislation.
Their negotiations produced changes to a tax included in the bill passed by the Senate last month. The changes would lessen and delay the impact of the tax on workers and would reduce the amount of revenue collected. The revenue would help finance coverage for millions of people who are uninsured.
Labor leaders hailed the deal and said they were prepared to fight for passage of the legislation.
I really would like to know why we don’t just end the employer loophole.