Obamacare will screw every NYC taxpayer

From the NY Post:

The city’s generous health-care benefits for municipal workers might qualify as costly “Cadillac plans” that get socked with significant financial penalties under ObamaCare, Mayor Bloomberg’s budget director warned yesterday.

Councilman Jimmy Oddo (R-SI) raised the potentially explosive possibility during a routine budget hearing.

“It would mean the city would get a 40 percent excise tax,” Oddo pointed out.

When he asked Budget Director Mark Page if that was a concern, he got a one-word reply: “Yes.”

Employers who spend more than $10,200 a year on health insurance for an individual employee or $27,500 for a family would start getting penalized in 2018. The tax is aimed at prodding employers to eliminate bloated medical-insurance costs.