Quote:
Originally Posted by Cannon Shell
The first step is to add it to the W-2. Once that happens it is only a matter of time before it becomes taxed.
Plus this will cost businesses money to add this number and because the accuracy is of utmost importance as the initial reasoning behind this is to put the burden of proof that employers are actually providing the required insurance on the employers themselves via the W-2's.
The funding mechanism behind the health care plan is seriously flawed and once the reality that it will come up massively short the next step will to be simply tax the benefits as income.
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You may be onto something with that ....it will create more government jobs because we will for sure need some more people to oversee that this is done and since the stimulus package is mostly going to create more government jobs they need something for these employees to do.