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'Cadillac' tax on health insurance worries unions
Unions representing thousands of teachers and state and local government workers are bracing for the worst if Congress adopts a proposed "Cadillac" tax on health insurance.
The 40 percent levy on health care costs above $8,000 for individuals and $21,000 for families passed the U.S. Senate Finance Committee on Oct. 13. If the tax were to become law, experts said, government employees in New...
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