Center for Health Policy

IRS Announces Tax Penalties for Employers Sending Workers to Health Exchanges

“Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day — or $36,500 a year — for each employee who goes into the individual marketplace.”

Read the full story here.

Nebraska ranked 25th in tax burden

A recent report by the Tax Foundation estimated tax burden by determining the amount of all state and local taxes paid per capita (including taxes paid in other states) and dividing that by per capita income in each state. Using this method, Nebraska tax burden was 9.4%; the national average was 9.8%.

Read the full report here.