Tax on medical benefits gains traction
A new tax on employer-provided health insurance is emerging as a likely option to finance an overhaul of the nation's healthcare system, despite opposition from organized labor and possibly the Obama administration. Details have yet to be resolved, including whether to tax the benefits of all workers regardless of income and what portion of their employer-paid insurance premiums to tax. But the idea won some acceptance during a closed-door meeting of the Senate Finance Committee.
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