Taxing health benefits
July 4, 2009
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Amount that would be raised in 2010-19 for healthcare overhaul if the income tax exclusion for healthcare benefits is capped at:
▸Value of a standard plan available to members of Congress, about $13,500 a year: $418.5 billion
▸Value of a standard plan for single taxpayers with adjusted gross income of more than $100,000 a year or couples filing jointly of more than $200,000 annually: $161.9 billion
▸50 percent of insurance premium amount for all taxpayers: $1.173 trillion
SOURCE: Joint Committee on Taxation
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