Unusual allies; unions, elderly and business owners...

[Left Seater]

Are beginning to work together to fight the upcoming Cadillac tax on "expensive" health insurance plans. In less than three years the so called Cadillac tax will kick in and tax businesses 40% on every dollar over $10,200. Add up the employee premiums, individual premiums and health savings accounts, anything over $10,200 for an individual or $27,500 for a family will be subject to the tax.

Unions are getting worried that their health benefits will result in pay reductions or reductions in health benefits. Pilots at American Airlines are dealing with this now as they vote on a new agreement. Further adding to the pressure is pilots based in NYC, LA and Chicago would see their plans subject to the tax while pilots in Dallas and Miami would not. This is due to the regional differences in insurance costs, not to differences in their plans.

The elderly are also concerned because many of their plans tend to be deemed Cadillac due to the nature of underwriting. The older you are the more you use health care and therefore your premiums are higher.

Of course business owners don't want to see their taxes climb like crazy and will work to roll back health plans or salary to offset the new taxes.

A larger problem is that if these groups are successful in rolling back or eliminating the Cadillac tax, the cost for Obamacare just gets more expensive with this estimated $80 Billion in tax revenue over 10 years.

But Obama has repeatedly "illegally" changed this law multiple times before, so what is one more.

[Mikey]

At least Cadillacs are American made. They should be taxing Mercedes instead.

[mvscal]

"We have to pass it to find out what's in it."

[Left Seater]

At least Cadillacs are American made. They should be taxing Mercedes instead.

I get your point, but Sam and others would be upset since those cars and SUVs are built in Alabama from mostly US and Mexican produced parts.

[Moving Sale]

A larger problem is that if these groups are successful in rolling back or eliminating the Cadillac tax, the cost for Obamacare just gets more expensive with this estimated $80 Billion in tax revenue over 10 years.

But Obama has repeatedly "illegally" changed this law multiple times before, so what is one more.

Insurance companies should not be allowed to be for profit. Problem solved. That or goto single payer.

[Derron]

A larger problem is that if these groups are successful in rolling back or eliminating the Cadillac tax, the cost for Obamacare just gets more expensive with this estimated $80 Billion in tax revenue over 10 years.

But Obama has repeatedly "illegally" changed this law multiple times before, so what is one more.

Insurance companies should not be allowed to be for profit. Problem solved. That or goto single payer.

Nor should attorneys and law firms. Fucking socialist piece of shit.