- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansHealthIntroducedJanuary 3rd, 2017
- house Committees
The Cadillac tax unfairly punishes businesses for offering their employees with a broad variety of health insurance plans. It should be repealed so that workers aren’t subjected to higher premiums and deductibles, because the increased cost would be passed on to them.
Not only will it provide much needed tax revenue, but the Cadillac tax actually promotes greater economic efficiency by trying to reduce the use of a tax exclusion that allows employers to exclude what they pay in employee health benefits from their taxable income.