Why Tax Health Benefits?

Who would tax health benefits? Maybe Congress. About 65.5% of American workers get health benefits through their employers. But depressingly, at a recent policy forum hosted by the Employee Benefit Research Institute (EBRI), the possibility of taxing those benefits was a key discussion point.

The EBRI points out that right now employers can deduct health benefits as a business expense. But budget deficit negotiations may knock out that tax break for business. Time to speak up.

What do you think?