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Opinion: Congress must reject taxing employer-provided health care coverage
Taxing employer-provided health care benefits for an extension of tax cuts could drastically increase the number of uninsured Americans.
As the new Congress and administration are settling in, all eyes in Washington are focused on the trillion-dollar question: whether and how to pay for the expiring provisions of the 2017 Tax Cuts & Jobs Act (TCJA), signed into law in President Trump’s first term.
Among the various revenue-generating proposals emerging from GOP circles — including some of the president’s most trusted advisers — is one that would increase taxes on American workers with employer-provided health care coverage. How to pay for the forthcoming tax bill is a valid debate, but one thing is certain: Burdening hardworking Americans with new taxes on something as fundamental as health care coverage is not the solution voters are looking for.
