News Headlines Article

A Proposed Tax on the Cadillac Health Insurance Plans May Also Hit the Chevys
New York Times - Reed Abelson

Although cast as a tax on gold-plated insurance policies for the well-heeled, it has prompted anxiety among the middle class. The idea, proposed last Wednesday by Senator Max Baucus, is to help raise money for the nation’s health care overhaul by placing a new excise tax on the most expensive health insurance policies, like the ones offered to partners at Goldman Sachs and other affluent professionals. 

Commands