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.