Businesses Preparing for ‘Cadillac Tax’
St. Louis — Thought you had seen the end of major controversy over the Affordable Care Act? Think again. One of the last pieces to take effect promises to soon reignite the fierce debate on President Obama’s landmark health overhaul. It’s known as the “Cadillac tax” — a hefty surcharge on relatively generous employer-sponsored health insurance. The tax won’t take effect until 2018, but many businesses are already bracing for it. Some...
