Do You Qualify for the New Obamacare Tax/Penalty?
Of course, if your health insurance plan is "too good" you run into the "Cadillac Health Plan Tax". The tax is not indexed for inflation so eventually you are taxed to hell if you do and taxed to hell if you don't.
Via the Health Insurance Tips and Advice Blog:
Beginning January 1, 2014 the P.P.A.C.A. (a.k.a. ‘Obamacare’) legislation levies a brand new tax – the “Roberts Tax”. A tax aptly named after U.S. Supreme Court Chief Justice John Roberts who created this new tax all by himself. It is neither an excise tax, nor a capital gains tax or any other kind of defined tax. It is instead a new tax, a tax for doing nothing and it will be levied on nearly all Americans including small and large business owners whether they do offer health insurance to their employees or they do not.
The best way to describe this new tax is to imagine walking into a grocery store and the clerk asks if you would like to purchase a pack of gum. You politely decline the offer and are then forced by a new tax law – as defined by John Roberts – to give that clerk a tax for refusing to purchase that pack of gum. This, my fellow Americans, is how unmoored from our Constitution that our Federal Government has become.