How unions would benefit from fair tax treatment of insurance
July 15th, 2009 | by Brian Schwartz |From an op-ed in the Washington Post:
With union membership shrinking and wages strained, it might sound crazy to argue that labor should voluntarily give up a huge fringe benefit: tax-free health insurance provided by employers. But it should. In the long run, capping the amount of health insurance that employers can provide tax-free would raise workers’ wages, partially protect them from layoffs and speed rehiring after a downturn.
Read the whole piece here. For why the current tax treatment of medical insurance is bad, see here.
tags: employer-sponsored insurance, unions
