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Teamsters laud House for Passing Repeal of Excise Tax on Health Plans
Posted On: Jul 18, 2019
July 18, 2019 | TAXES | General President Jim Hoffa issued a statement today about the passage of legislation that would repeal the 40 percent excise tax on comprehensive health insurance plans included in the Affordable Care Act (ACA), commonly known as the “Cadillac Tax.” “The Teamsters are pleased that Democrats and Republicans came together last night to back legislation that would eliminate this harmful tax on quality health care plans. This surcharge would only hurt working men and women who would see their premiums rise if nothing is done…” Teamsters
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