When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama's healthcare reform law in 2013, it generated more than $72 million in additional tax revenue for the U.S. government, a left-leaning think tank said on Wednesday. The report from the Institute for Policy Studies examined executive compensation in the 2013 proxy filings from WellPoint Inc and UnitedHealth Group Inc, among others, and found that those companies paid more taxes than they would have if the law had not been passed.
