By Grace-Marie Turner and Tyler Hartsfield When the president said in his first inaugural address that middle-income Americans “will not see your taxes increased a single dime,” most still believed in his supreme powers to solve the nation’s toughest problems, including health reform, that had so thwarted his predecessors. We now know that the total hit to the U.S. economy from Obamacare … [Read more...] about Obamacare’s Latest Broken Promise: It’s Raising Taxes on the Middle Class
Archives for May 2014
James Capretta: How Many People Will Pay The Individual Mandate Tax For 2014?
e21, May 7, 2014 The most important, and uncertain, provision of Obamacare remains the individual mandate. Obamacare’s authors believed it was crucial to the viability of the law to impose a new obligation on U.S. citizens and legal residents to enroll in government-approved health insurance. This new obligation was to be enforced by a penalty on the non-compliant, collected through the … [Read more...] about James Capretta: How Many People Will Pay The Individual Mandate Tax For 2014?
Tom Miller: Debate Over How To Replace Obamacare Comes to a Fork In the Tax Code
Real Clear Markets, May 7, 2014 When Capitol Hill Republicans and other conservative health policy analysts focus on developing viable "replacement" alternatives to Obamacare, they usually start with changing how the tax code subsidizes purchases of health insurance coverage. The two main proposals would expand the benefits of the current tax exclusion for employer-sponsored insurance (ESI) … [Read more...] about Tom Miller: Debate Over How To Replace Obamacare Comes to a Fork In the Tax Code
ObamaCare’s Cascade Of Taxes Pounds U.S. Taxpayers
by Grace-Marie Turner and Tyler Hartsfield President Obama promised middle-income families they would not see their taxes go up "one single dime" as a result of ObamaCare. But millions of such Americans are indeed paying to finance the gargantuan health overhaul law through hidden taxes and fees, many of which already are driving up the cost of their medical care and health insurance. In … [Read more...] about ObamaCare’s Cascade Of Taxes Pounds U.S. Taxpayers
Scott W. Atlas: The Coming Two-Tier Health System
Wall Street Journal, April 30, 2014 With the unveiling of the Affordable Care Act's website, the public experienced a painful reminder of the consequences of the government's new authority over health care. While millions signed up for insurance, millions of others abruptly lost their existing coverage and access to their doctors because that coverage didn't fit new ObamaCare … [Read more...] about Scott W. Atlas: The Coming Two-Tier Health System