Wally
BrownCafe Innovator & King of Puns
What is the Cadillac Tax?
The Cadillac Tax is a provision of the Affordable Care Act that would impose a 40 percent excise tax on the excess of the cost of an employer-sponsored health plan over a specified threshold. The tax was intended as a disincentive for employers to offer high-cost (so-called “Cadillac”) health benefits to workers.
The Cadillac Tax is a provision of the Affordable Care Act that would impose a 40 percent excise tax on the excess of the cost of an employer-sponsored health plan over a specified threshold. The tax was intended as a disincentive for employers to offer high-cost (so-called “Cadillac”) health benefits to workers.