Health Care: Taxing High-End Plans
Bob Herbert, writing in the New York Times, thinks the “Cadillac” tax on high-cost health care plans, a primary financing mechanism contained in the Senate health care bill, would eventually hit the middle class hard:
“The tax on health benefits is being sold to the public dishonestly as something that will affect only the rich, and it makes a mockery of President Obama’s repeated pledge that if you like the health coverage you have now, you can keep it.
“Those who believe this is a good idea should at least have the courage to be straight about it with the American people.”