This part of the TrumpCare plan is disturbing. I'm not sure why this is part of healthcare but...
"We're starting off... with essentially a giveaway to insurance executives," Levin said.
The proposed tax break, buried in cryptic language in the Republican plan, would allow health insurers to more fully deduct the value of their executives' compensation on their taxes. That compensation can be as high as tens of millions of dollars, in the case of CEOs of insurers.
Those deductions currently are sharply limited by the Affordable Care Act, which caps at a maximum of $500,000 the amount of an individual executive's compensation that an insurer could deduct as a business expense. The cap applies to any executive, not just to CEOs."
Why a tax break for wages paid to a CEO of an insurance company?