Another Back Door Pay Off

Edgetho

Platinum Member
Mar 27, 2012
15,826
7,079
Keep telling yourselves that democrats are just politicians. Yeah...... Right

We knew this was coming. Shocking.

So now, not only do Unions get their 'Cadillac' plans Income Tax free, they don't have to pay the obamacare 'Tax' on them like everybody else does.

IOW, you work at a Company that gives you a 'Cadillac' Health Insurance Plan that covers everything from little Suzy's braces to cosmetic surgery for her acne and Vitamin B12 shots for Mama when she gets too 'nervous'?

If you're in a Union, you're fine. If you're not. Sucks to be you.

And oh? The $600 Million Dollar shortfall in money this Pay Off will create? Sucks to be you again. Because you're gonna have to make it up.

Obama Gives Back Door Pay-Off To Unions Angry Over Obamacare

[ame=http://www.youtube.com/watch?feature=player_embedded&v=KlfMpIJ4Iek]Obama Admin Proposing Tax Exemptions For Some Union Health Plan Obamacare - The Kelly File - YouTube[/ame]

A few days ago, Obama quietly slipped a change into the regulations on Obamacare, gives a back door pay-off to unions.

The unions were very unhappy because under Obamacare, the favorable programs that they had negotiated with employers were going to go away. They wanted the subsidies that the people in the exchanges could get.

So how did Obama address this anger?

J. Justin Wilson, from the Center For Union Facts, said now the unions will be given a tax break, exempting the unions from having to pay $600 million dollars in fees they would otherwise have to pay under the law. This would leave the fund that is intended to prevent Obamacare from going into a death spiral even more lacking in money, especially given the failure of young healthy people to sign up.

Other groups, insurance companies and self-insured employers that hire outside claims administrators would still have to pay the fee, which begins at $63 per insurance plan per member next year and is projected to raise $25 billion over three years.

Only the unions would really benefit from this change.

Wilson called out Obama calling this a “$600 million dollar pay-back”.

- See more at: Weasel Zippers | Scouring the bowels of the internet | Weasel Zippers
 
we all knew this was coming. For the record I have a plan like that, and I still think it stinks.

hey, congresscritters and their staff walk between the raindrops, you think they'd leave their buddies out if they could help it?...they'll be more, this is only the first round.
 

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