‘Cadillac tax’ on health advantages will strike center category hardest: study

Although both magnanimous and regressive economists have denounced a longstanding grant of employment-based health advantages from taxes as tantamount to a “regressive” taxation funding that foul favors a rich, and have lauded a sustenance of Affordable Care Act that will levy a large taxation on costlier (“Cadillac”) advantage packages, those who mount to be strike hardest by a new sustenance are middle-income families.

That’s a arch anticipating of a new investigate by Drs. Steffie Woolhandler and David U. Himmelstein, professors of health process and government during a City University of New York School of Public Health and lecturers in medicine during Harvard Medical School. Their essay was published in a International Journal of Health Services.

“Taxpayers should be profitable directly for health caring by Medicare-for-All, not indirectly by taxation subsidies to private insurance,” pronounced Woolhandler. “However, stealing a taxation subsidies – as Obamacare will do – but environment Medicare-for-All in place is a step backwards. It’s ashamed that economists have supposing cover for this taxation that will strike middle-class families and mostly gangling a wealthy.”

“Most Americans are lonesome by employment-based health insurance,” Woolhandler and Himmelstein write in their study. “Both employers’ and employees’ payments for such coverage are free from income and