Congress thinks those who have Cadillac health insurance policies should be taxed on the excess benefits. But they are having one hell of a time figuring out what that is. As you get older, health insurance costs staggeringly more, even for basic plans. And many union representatives, noting that healthcare costs were easily outpacing the general cost-of-living increases, have opted to focus their new contracts on getting more benefits (lower deductibles and co-pays are particularly popular) versus higher hourly wages. But if healthcare benefits are substituting for higher pay – since higher pay would be subject to tax – shouldn’t we simply tax policies with such clear financial benefits. And have politicians lose union support?! Yeah, right!