One would think Democratic lawmakers are completely schizophrenic about their “soak the rich” instinct. In this article, they both want to massively increase taxes on anyone making more than $200k, but recoil from the idea of limiting deductions for employer provided health insurance. I don’t believe that the federal government needs a penny more, but of all things it seems that considering deduction that massively distorted the economy and the health care market might be a good place to start. It seems strange that Democrats wouldn’t want to tax those who are enjoying so-called “Cadillac” health insurance plans, until you remember that unions are the ones most likely to have neogitated such generous benefits for themselves…
