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Report: Bush Might Shift Employers To HSAs

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NU Online News Service, Nov. 18, 2004, 1:08 a.m. EST

The Washington Post is reporting today that the Bush administration might propose eliminating the deduction employers get for paying for employee health coverage.[@@]

In exchange, the Bush administration would propose other tax breaks for businesses, such as new efforts to shield interest, dividends and capital gains from taxation, according to a Washington Post article based on quotes from anonymous sources.