Health Care/Tax on Roth IRA Conversion Coming

The Washington Post reports here on a tax on employer provided health benefits.  It’s hard not to think these people are stupid…or evil.  If you want less of something – employer provided health care – the best way to do it is to tax it…under the moral cover of using it for the benefit of others of course.

There was a time where the accepted wisdom was that Congress would never tax health care benefits.  That time has now passed.  There was a time where the accepted wisdom was that Congress would never tax social security benefits.  That time passed long ago.  This is why I don’t get exited about Roth conversions.  The time will come where they will tax them also.

Leave a Reply

Your email address will not be published. Required fields are marked *