Unions discover Obamacare sucks
Finding out what’s in it: Because of required Obamacare regulations and taxes on their union health plans, the unions representing workers at 29 west coast commercial ports are now threatening to strike and shut the ports down.
Obamacare imposes a 40 percent tax on health benefits deemed too generous by the government. Health benefits exceeding $10,200 a year in value for individuals or $27,500 for families are defined as “Cadillac” plans and are subject to the tax. Health benefits for longshoremen exceed $40,000 per employee, meaning the union would be served an enormous tax bill when the penalty is imposed in 2018. The longshoremen’s contract expired in July, 2014 and contract talks have stalled, in large part, over whether workers or employers will pay the new Obamacare tax.
But hey, these unions voted for and continue to support the Democratic Party without question, even as the Democratic Party continues to block any repeal or changes to Obamacare. To these union leaders, it all must be Bush’s fault!
Finding out what’s in it: Because of required Obamacare regulations and taxes on their union health plans, the unions representing workers at 29 west coast commercial ports are now threatening to strike and shut the ports down.
Obamacare imposes a 40 percent tax on health benefits deemed too generous by the government. Health benefits exceeding $10,200 a year in value for individuals or $27,500 for families are defined as “Cadillac” plans and are subject to the tax. Health benefits for longshoremen exceed $40,000 per employee, meaning the union would be served an enormous tax bill when the penalty is imposed in 2018. The longshoremen’s contract expired in July, 2014 and contract talks have stalled, in large part, over whether workers or employers will pay the new Obamacare tax.
But hey, these unions voted for and continue to support the Democratic Party without question, even as the Democratic Party continues to block any repeal or changes to Obamacare. To these union leaders, it all must be Bush’s fault!