33
/
AIzaSyB4mHJ5NPEv-XzF7P6NDYXjlkCWaeKw5bc
November 30, 2025
1865428
152974
2
Create a timeline
Public Timelines
For educational institutions For teachers For students Cabinet
For educational institutions For teachers For students Open cabinet
FAQ
Create a timeline
Public timelines
FAQ
About & FeedbackTermsPrivacyFAQ
Support 24/7  
CabinetGet premium
Donate

oct 12, 1954 - Revision of IRS Code

Description:

Tax Exempt Health Insurance
Employer-provided health insurance made tax exempt so that $1 in insurance is more valuable than $1 in income

today's health care system relies on employers to provide coverage and encourages more health insurance and spending. this benefits the rich more because their tax rate is higher, therefore a large health insurance package is also a larger freebie

Added to timeline:

BIOE Midterm

ByHannah
11 Oct 2018
0
0
331

Date:

oct 12, 1954
Now
~ 71 years ago
About & FeedbackTermsPrivacyFAQ
Support 24/7  
CabinetGet premium
Donate
The service accepts bank transfer (ACH, Wire) or cards (Visa, MasterCard, etc). Processed by Stripe.
Secured with SSL