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Tax reform and the Cadillac tax were focal points during the Council of Insurance Agents and Brokers legislative summit program Wednesday at the Dirksen Senate Office Building in Washington, D.C.
Tax reform would help the economy, said Sen. Jon Tester (D-Montana), however, the amount of money being spent on campaigns these days and special interest groups can undermine that effort. Unfortunately, this is an uphill battle, he said.
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President Donald Trump unveiled a federal plan offering government-backed retirement accounts with a $1,000 annual match for workers without employer-sponsored plans.
As Washington revisits the tax-favored status of health benefits, a longtime policy expert explains why replacing group plans could cost far more.
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