Tax Policy Center

health reform

Campaigns, Proposals, and Reforms: TaxVox
Sanders’s Domestic Program Would Help Most Households, But Add More Than $18 Trillion to the Debt. Most American families would receive new government benefits that would exceed their higher taxes under the domestic policy agenda of Democratic Presidential hopeful Bernie Sanders. But even though
May 9, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
It is hard to grasp the enormity of the tax increases Bernie Sanders is proposing , how far out-of-step he is with recent economic history in the U.S., and what a stunning contrast he presents with Republican presidential hopefuls. Where Sanders backs tax increases of more than $1 trillion a year
January 18, 2016Howard Gleckman
Individual Taxes: TaxVox
GOP presidential hopeful Scott Walker’s plan to replace the Affordable Care Act is built on a controversial framework of tax subsidies that Walker estimates would cost about $1 trillion over 10 years. The plan is already drawing heat from fellow GOP candidate Bobby Jindal, who called it “a new
August 20, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
Republicans and some Democrats in Congress are pressing to repeal the Affordable Care Act’s Cadillac tax—a 40 percent excise tax on high-cost employer-sponsored health insurance plans. Backers of repeal argue that curbs on these generous plans would disproportionately hurt low- and middle-income
July 23, 2015Howard Gleckman
Business Taxes: TaxVox
The push to repeal the Affordable Care Act’s tax on medical devices has somehow become a touchstone for GOP efforts to chip away at President Obama’s health care law. But why? To paraphrase Bogart’s classic line from Casablanca: Of all the taxes in all laws in all the world, why did they pick this
November 13, 2014Howard Gleckman
Individual Taxes: TaxVox
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 for the IRS to collect. But will it be enough to encourage people to buy coverage? If not, healthy people may opt out until they get sick, a decision that
July 5, 2012Howard Gleckman
Individual Taxes: TaxVox
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 law’s constitutionality. But in reality, the tax (nee penalty) is a mouse. The tax itself is modest, at least to start. It will affect relatively few people.
July 3, 2012Howard Gleckman
Individual Taxes: TaxVox
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 pay a tax if they don’t. Because the High Court found that the penalty for not having coverage is a tax and not a fee or a banana, it ruled
June 28, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
Last week I argued that budgeting for Medicare's hospital insurance program is flawed . Today, I offer two ways to fix it (and reject a third). Medicare Part A is one of several federal programs that control spending through a “belt and suspenders” combination of regular program rules (the belt)
May 18, 2012Donald Marron
Individual Taxes: TaxVox
The recent double-counting dispute isn’t just about politics; it also reveals a flaw in budgeting for Medicare Part A. Budget experts are waging a spirited battle over the Medicare changes that helped pay for 2010’s health reform. In April, Chuck Blahous, one of two public trustees of the program,
May 9, 2012Donald Marron