Mr. Baucus said revenue could be generated by taxing portions of the benefit based on income levels or on based on the value of the plan. More comprehensive, costlier plans would be taxed at a higher rate.
He said he’s open to new ideas but was cautious about proposing to eliminate the tax break that employers get on their employees’ health care plans.
“We’re not going to repeal it, we’re going to modify it,” Mr. Baucus said. Keep reading….
And this is going to make healthcare more affordable by taxing worker benefits? When are we going to stand up and say enough is enough out of Obama?