Reader says starting in 2018 the BoE and the Village will start having to pay a 40% tax on top of those benefits just because they are so valuable
But let’s raise taxes more to pay to subsidize all of the annual increases in healthcare premiums for our BoE and Municipal employee, right? While they pay a minimum amount out of pocket for what are classified as “platinum” plans under the ACA, the rest of us are paying for both our own health care coverage and then subsidizing public workers – how on earth is this fair? And starting in 2018 the BoE and the Village will start having to pay a 40% tax on top of those benefits just because they are so valuable, worth well over $22,000 according to divorce settlement findings on the value of the health plans. Why are Village taxpayers footing all of the annual increase, which was almost $700K (+12% compared to 2013) just for our municipal employees in 2014? This taxpayer give away has to stop, as this article says, we’re already have the fifth-highest average property tax bill in the nation and pay well over 2% of our property value annually in property taxes… we’re literally being taxed to death to pay for essentially free health care benefits. This has to stop.
