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House Passage Of Cadillac Tax Repeal Will Protect Workers

Electrical contractors say house passage of Cadillac Tax repeal will protect workers

Cadillac Tax
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“Members of the National Electrical Contractors Association have been providing employer-sponsored healthcare to their employees for decades,” said NECA Chief Executive Officer David Long. “NECA has unequivocally supported H.R.748, ‘The Middle-Class Health Benefits Tax Repeal Act of 2019,’ which eliminates the burdensome Cadillac Tax.  I am gratified by its passage today in the House and especially thankful for the work of Rep. Joe Courtney and Rep. Mike Kelly leading this effort.

The Cadillac Tax threatened a system that already works well, ignoring demographic and geographic factors while taxing benefits that help keep employees healthy. Additionally, the tax created a chilling effect on business growth that was a sure job-killer. Today’s bipartisan effort means NECA members are one step closer to no longer being penalized for doing right by their employees. The Senate must act quickly and send this legislation to the White House.”

[REITs]

Q2 hedge fund letters, conference, scoops etc

What do you think about the cadillac tax, the “Affordable Healthcare Act” and the latest bill? Please let us know in the comments section!

Please see below for more info about the NECA.

About The National Electrical Contractors Association

NECA is the voice of the $171 billion electrical construction industry that brings power, light and communication technology to buildings and communities across the United States. NECA’s national office in Bethesda, Md., and 118 local chapters advance the industry through advocacy, education, research and standards development. Go to www.necanet.org for more information.