Backgrounder posted December 14, 2012 by William W. Beach, John L. Ligon, Guinevere Nell
The Economic and Fiscal Effects of the Obama Tax Plan
Abstract: On January 1, 2013, the Bush tax cuts will expire and other new taxes that congressional leaders have recognized would damage the economy will take effect. President Barack Obama’s proposal to increase taxes on only “high-income earners” would also be economically destructive, reducing economic output by an average of $196 billion per year over 2013–2022…
WebMemo posted September 22, 2010 by Karen Campbell, Ph.D., Guinevere Nell, Paul L. Winfree
Obamacare: Impact on the Economy
The Patient Protection and Affordable Care Act (PPACA), the health care bill signed into law by President Obama in March, will overhaul the current health insurance system by enforcing mandates on individuals and businesses, expanding Medicaid, and introducing new taxes and fines to help pay for the increased “federal budgetary commitment to health care.”
Contrary…
Center for Data Analysis Report posted August 19, 2010 by Karen Campbell, Ph.D., Guinevere Nell
The Economic Freedom Act: Economic and Fiscal Effects
Abstract: The Economic Freedom Act, proposed by Representative Jim Jordan, would terminate the ineffective Troubled Assets Relief Program (TARP), and substitute a proven way to stimulate the economy: tax relief—from permanent repeal of the capital gains and death taxes to significant reductions in payroll taxes and the top corporate tax rate. Analysts at The Heritage…
WebMemo posted March 16, 2010 by Karen Campbell, Ph.D., Guinevere Nell, Paul L. Winfree
Mandates and Taxes Re-Burden Health Insurance Markets
The Patient Protection and Affordable Care Act (H.R. 3590), the health care reform bill that was passed by the Senate and is now being considered by the House, promises to overhaul the current health insurance system by enforcing mandates on individuals and businesses, expanding Medicaid, and introducing new taxes and fines to help pay for the increased “federal budgetary…
Backgrounder posted December 18, 2009 by William W. Beach, Robert A. Book, Ph.D., Karen Campbell, Ph.D., Rea S. Hederman, Jr., David W. Kreutzer, Ph.D., John L. Ligon, Robert E. Moffit, Ph.D., David B. Muhlhausen, Ph.D., Guinevere Nell, Kathryn Nix, Nina Owcharenko, Jason Richwine, Ph.D., James Sherk, Kisa Smith, Patrick Tyrrell, Paul L. Winfree
An Analysis of the Senate Democrats' Health Care Bill
Abstract: The Senate health care bill would overhaul the entire health care sector of the U.S. economy by erecting massive federal controls over private health insurance, dictating the content of insurance benefit packages and the use of medical treatments, procedures, and medical devices. It would alter the relationship between the federal government and the states,…
WebMemo posted November 6, 2009 by Rea S. Hederman, Jr., Guinevere Nell
Pelosi Health Care Plan: Who Pays the Surtax?
The House legislation to enact Speaker Nancy Pelosi's (D-CA) health care plan relies on a large surtax to pay for it. The surtax is 5.4 percent on personal income of single filers with over $500,000 and joint filers with over $1 million in modified adjusted income. This surtax hammers successful small business owners who file as individuals and will gradually encompass…
WebMemo posted October 15, 2009 by Robert A. Book, Ph.D., Guinevere Nell, Paul L. Winfree
Adding Insult to Injury: The Baucus Health Plan Imposes New Taxes on the Sick
Public support for health care reform is based on a desire to
help the sick or, at the very least, to protect the non-wealthy
from the financial impact of illness, chronic disease, and
accidents. Unfortunately, the reform proposals under active
consideration in Congress do precisely the opposite.
In particular, the Baucus health reform proposal, recently
passed…