IAM Scores Major Legislative Victories
The IAM scored major legislative victories at the end of 2019. These victories included the repeal of the 40 percent Cadillac health care tax, the reauthorization of the U.S. Export-Import Bank, and the signing of the $738 billion National Defense Authorization Act (NDAA). ‘Cadillac Tax’ Repeal Vital legislation repealing the Cadillac Tax, a 40 percent health benefits tax on employer-sponsored healthcare, was included in the end-of-year appropriations and tax bill. “The Machinists Union has been fighting for years to end the 40 percent Cadillac Tax on working peoples’ health care plans,” said Machinists Union International President Robert Martinez Jr. […]