Hey TG Will you still support the health care bill when they tax your wine? Well will you?
Smokers and diet-soda drinkers would escape higher taxes under a new proposal for how to pay for President Barack Obama’s sweeping health reform overhaul. But if you drink alcohol or sugary drinks, you might have to pay up under a plan released Monday by the Senate Finance Committee.
The committee proposed slapping an excise tax on “sugar-sweetened beverages” for the first time, and imposing a uniform tax across wine, beer and liquor, which are currently taxed a different levels.
Wealthy individuals or workers with expensive health plans may have to pay taxes on their employer-provided insurance for the first time. Health savings accounts and flexible spending accounts could also lose some of their tax benefits.
