Theres plenty of disagreement between Democrats and Republicans when it comes to the Affordable Care Act. However, there is one aspect that members of both parties agree on the Cadillac tax should be repealed.
The most recent effort to repeal the tax was announced this week, and the bill is co-sponsored by three Democrats. Reps. Joe Courtney (D-Conn.), Dina Titus (D-Nev.) and Donald Norcross (D-N.J.) unveiled the Middle Class Health Benefits Tax Repeal Act, which would repeal the excise tax on high-cost group plans. Set to take effect in 2018, employers would have to pay a 40% tax on plans exceeding $27,500 for a family or $10,200 for an individual.
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