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Economists: ‘Cadillac Tax’ May Mean Higher Wages

One of the biggest sticking points with the plan to overhaul health care has been how to pay for it. The Senate wants to impose a so-called “Cadillac Tax.” That is, a tax on the most expensive health care plans. Economists say in the long run the tax would result in companies offering less expensive health plans. The money the company saves would then translate into higher wages.  Listen here.