July 9, 2012
In Sunday's New York Times, Richard Thaler laments that “as a general rule, the United States government is run by lawyers who occasionally take advice...
July 5, 2012
Earlier this week, I concluded that the Affordable Care Act’s tax on those who do not have health insurance will be both modest and difficult...
July 3, 2012
The Affordable Care Act’s tax on those who choose not to buy health insurance was the linchpin of the Supreme Court’s decision to uphold the...
July 2, 2012
For months, astute observers called Medicaid the “sleeper issue” of the Supreme Court’s Affordable Care Act deliberations. Last Thursday, they were proven correct. A majority...
June 29, 2012
An ominous announcement for a House Ways & Means Committee joint hearing on “how welfare and tax benefits can discourage work” seemed a set-up to...
June 28, 2012
In its long-awaited decision on the Affordable Care Act, the Supreme Court has ruled that Congress can require people to either have health insurance or...
June 26, 2012
Have you noticed that as the details of the tough budget reform proposed by Alan Simpson and Erskine Bowles fade into memory, more politicians are...
June 21, 2012
Twenty-five years ago, Princeton economist David Bradford designed what he called the X Tax . The idea--a progressive consumption tax--generated lots of discussion among tax...
June 19, 2012
When Mitt Romney talks about his plan for tax reform, he is very careful to say two things: He wants to cut tax rates, and...
June 15, 2012
I get the impression that many Americans believe Medicare is financed like Social Security. They know that a portion of payroll taxes goes to Social...