GOP Bill cuts health care for poor, but adds.. provision to give Ins Co's a tax break for over 1/2 M

Ronald Klain?Verified account @RonaldKlain

Senate GOP Bill cuts health care for poor, but adds obscure provision to give Insurance Co's a tax break for CEO pay over $500,000.

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Willi? @Williy121 Jun 22

Replying to @RonaldKlain

Can you explain please?
2 replies 1 retweet 21 likes
Ronald Klain?Verified account @RonaldKlain Jun 22

Current law does not allow Health Ins Co's to get a tax deduct for CEO pay over $500k. This provision (Sec 120) lifts that cap.
12 replies 295 retweets 315 likes
Torr Leonard? @torrHL Jun 22

Torr Leonard Retweeted Torr Leonard





Torr Leonard @torrHL
ACA caps healthcare CEO deductible-salary at $500k; they cant write it off as expense like *every* other industry. Why target one industry?
12 replies 14 retweets 32 likes





Jen S? @jensimeo Jun 22

This explains it nicely: http://amp.timeinc.net/fortune/2014/08/27/how-obamacare-can-end-bloated-ceo-pay/?source=dam …
6 replies 24 retweets 74 likes



Torr Leonard? @torrHL Jun 22

@tminus5 that article doesn't at all explain why this rule should only apply to health insurance execs.
8 replies 0 retweets 2 likes