During an interview late last week, Lynch spoke specifically about individuals whose group healthcare plans exceed $10,200, which he referred to as “Cadillac plans.”
“They’re gonna have to pay that employer if they provide that – and many do today, never mind in 2018 – will have to pay a 40 percent tax on the amount over the maximum established under the Affordable Care Act.
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So, that’s a huge tax. It’ll be the first time in this country’s history that we have taxed healthcare.”
