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THIS BOTHERS ME. You go to college, you get a job making 60,000 a year. Your employer happens to have excellent medical coverage and now I will be taxed 40%? So it will cause the employer to go to a crapy coverage which includes my coverage?
http://webcache.googleusercontent.com/search?q=cache:1-1W0JbQoF8J:www.usatoday.com/news/washington/2010-03-22-health-you_N.htm+health+care+bill,+tax+increase+on+people+who+have+good+coverage&cd=1&hl=en&ct=clnk&gl=us&client=firefox-a
The other major tax increase hits the most generous health plans. Those don't apply just to upper-income people. State employees and other union workers have won excellent health coverage in recent years rather than big pay increases.
Starting in 2018, family insurance plans valued at more than $27,500 will pay a 40% tax above that level.
The goal is for employers to reduce the "Cadillac" benefits, rather than pay the tax.
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