The Republican health care plan has a big tax break for insurance execs' pay

[sunonmars]

http://money.cnn.com/2017/03/07/news/companies/republican-healthcare-reform-tax-break-insurance-execs/index.html?sr=twCNN030717republican-healthcare-reform-tax-break-insurance-execs0816PMVODtopPhoto&linkId=35219042

There's a hefty tax break for heath insurance companies under the new Republican health care reform legislation that cold translate into higher pay for top executives.

The bill would roll back a provision of the 2010 Obamacare law that placed a $500,000 limit on deductions for each executive's compensation, according to a summary from the staff of the House Ways and Means committee.

Five major insurers paid their CEO's $73 million in 2015, the most recent year for which pay has been reported. Only $2.5 million of that was deductible under Obamacare tax laws. But more than $70 million of that would be deductible under the proposed Republican legislation.

[Kber]

1. How is that anything other than a bald faced bribe?