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Taxes on Medical Benefits of employees?

Have you read the article from Washington Post about the possibility of imposing taxes on medical benefits of employees? The decision is not yet final but the committee is looking at taxing only the individuals who are making at least 200k per year ($400k/year for families) or if it can be imposed to all employees, above some pre-set amounts.

According to one senator "Taxing only the wealthy does not make sense because it will raise too little money." The Senate Finance committee will unveil the health-reform legislation this month.

To read more information about this topic, you may Google "Tax on Medical Benefits" or you may read the full article from Washingto Post. Thanks!

http://www.washingtonpost.com/wp-dyn/content/article/2009/05/21/AR2009052104184.html

Posted Friday Jun 12