Twenty years ago, America had another Democrat with socialist agendas occupying the White House. Bill Clinton was very much like Barack Obama, only at that time America would not allow a president to get away with as many things as they do today. During Clinton’s terms in office, his wife Hillary pushed hard for a nationalized socialized healthcare system, but too many conservatives fought her efforts. They pointed out the dangers of a nationalized socialist healthcare system and said that it would destroy the healthcare industry in America and cause prices to skyrocket, but Hillary continued to fight and push for it.
Now that we have a nationalized socialist healthcare system, the predictions of the conservatives from twenty years ago are coming true. Instead of trying to improve or fix the Affordable Care Act, Obama and fellow Democrats continue to work to destroy it. One of those provisions that will only further destroy Obamacare is known as the Cadillac Tax.
In what seems like backward logic, Obamacare will penalize any employer that provides healthcare plans costing $10,200 or more for an individual or $27,500 for a family plan. All costs above those limits will be subject to a 40% excise tax paid for by the employer. The employer mandate is designed to force employers to provide healthcare benefits, but the Cadillac tax will penalize those same employers that want to provide quality plans for their employees.
To further complicate the matter, employee FSA and HSA savings plans count towards the total cost of the employer that is subject to the Cadillac tax. This is causing a growing number of employers to drop FSA and HSA savings plans, which will further increase out of pocket costs for millions of employees nationwide.
Hillary Clinton, once the #1 champion of a nationalized socialist healthcare system, is starting to back pedal on issues like the Cadillac tax. During a campaign speech last Tuesday, Clinton told a crowd:
“Too many Americans are struggling to meet the cost of rising deductibles and drug prices. That’s why, among other steps, I encourage Congress to repeal the so-called Cadillac tax, which applies to some employer-based health plans, and to fully pay for the cost of repeal.”
Her comments come in the wake of her opponent Bernie Sanders, a self-admitted socialist, speaking out against the Cadillac tax, saying:
“Some have said that this tax only falls on ‘Cadillac’ healthcare plans, but the reality is that the plans this bill will tax are more like Chevrolets. Workers have fought hard to negotiate decent healthcare benefits, often in exchange for lower pay. This excise tax unfairly punishes them.”
Both Democratic candidates are courting the support of labor unions across the nation. Unions generally support the Democrats believing that this is the party of the worker when in fact it’s not. Union support generally means millions of votes in the general election. Right now Hillary needs those votes so she is turning away from her stand of twenty years ago in order to win union support. I wonder how many other flip flops she’ll make as the election grows closer?