Quote:
Originally Posted by Cannon Shell
The first step is to add it to the W-2. Once that happens it is only a matter of time before it becomes taxed.
Plus this will cost businesses money to add this number and because the accuracy is of utmost importance as the initial reasoning behind this is to put the burden of proof that employers are actually providing the required insurance on the employers themselves via the W-2's.
The funding mechanism behind the health care plan is seriously flawed and once the reality that it will come up massively short the next step will to be simply tax the benefits as income.
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But that's just a guess. A bill would have to be passed to make that the new law, and that would be something we would all fight against regardless of the party...it's not something that they're just going to be able to say "well here's a source of income," and decide without a vote that said taxation is the new rule.
This is nothing but pure conjecture.