Assigned Reading: Union Members Exempt from New Health Benefits Tax
(FROM: Human Events)
I think it was Charles Krauthammer who today deemed this the “greatest gift ever for the unions.” It really is a nightmare, and represents a host of broken campaign promises and typical liberal attempts at buying votes in perpetuity.
Jed Babbin does an excellent job. Please give it a read. An excerpt:
Union members and their families who receive healthcare benefits paid for by their employers would be exempted from a new tax on healthcare under one option being proposed by Sen. Max Baucus (D-Mt), according to a report by the Fox Business Channel’s Peter Barnes.
Baucus’s plan would tax health care benefits to raise from $161.9 billion to $418 billion over ten years to fund the nationalized “government provider” of health care benefits President Obama and Democrats want. Peter Barnes told me, “There would be preferential treatment for unions” under one version of the Baucus proposal.
As shown on page 3 of the Baucus outline published by Fox News under two of Baucus’ four options, healthcare benefits provided under collective bargaining agreements dated on or before January 1, 2013 would be exempt from the tax.
This is a surefire way for the Democrats to cement continued support from labor unions by means of an enormous entitlement package sure to be rescinded under Republican control. Furthermore, imagine the expansion of the union rolls between the passage of the health care legislation and the end of 2012.