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House Moves To End ‘Cadillac Tax’
After years of false starts, the House of Representatives in July passed legislation that would repeal the 40 percent excise tax on comprehensive health insurance plans included in the Affordable Care Act, commonly known as the “Cadillac Tax.”
Teamsters General President Jim Hoffa lauded the bipartisan coalition that backed the legislation, saying the bill “would eliminate this harmful tax on quality health care plans. This surcharge would only hurt working men and women who would see their premiums rise if nothing is done.”
Now, it is up to the Senate to pass the measure. But this shouldn’t be a difficult lift. Congress should be fighting for ways to improve the livelihoods of working Americans and opposing policies that will ultimately take money from their hard-earned paychecks and reduce, and make more costly, the health care benefits they receive. This legislation would ensure that these workers’ wallets are protected.
The Teamsters urge the Senate to follow the House’s lead to protect the benefits of many of their own middle-class constituents.