Taxing “Cadillac” health plans in order to pay for universal healthcare?  What does that sound like?  Let’s hope this proposal does not pass.

Supporters claim that the tax will cause employers to hunt for cheaper plans in order to avoid the tax, forcing insurers to lower their prices.  Critics claim that this will lead to rising costs for employers, and by extension, families and individuals.

But wait, there’s more!

Nancy Pelosi offered up an alternative, which would be to tax insurers’ “windfall profits”.  Genius!  Let’s take away the incentives for running a successful business to pay for healthcare for everyone.

Sound like anything to you folks?

Read–NY Times