Tax Policy Center

Obamacare

Federal Budget and Economy: TaxVox
Economists love the Affordable Care Act’s Cadillac tax, the excise tax on high-cost employer sponsored health insurance plans. Well, maybe not love. But they do like it a lot . In contrast, unions, Republicans, and even Hillary Clinton want to dump the tax . Why? Pretty much for the same reason
October 8, 2015Howard Gleckman
: TaxVox
About that possible government shutdown… The Senate passed a continuing resolution to fund the government through December 11. Senate Majority Leader Mitch McConnell and outgoing Speaker of the House John Boehner will meet with President Obama “soon” for budget negotiations , and the House is on
September 30, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox
This is what the Congressional Budget office really said about the budgetary and economic effects of repealing the Affordable Care Act: It has no idea. That, of course, it not what the political partisans are saying in the wake of CBO’s Friday release of a report on this exceedingly controversial
June 23, 2015Howard Gleckman
Individual Taxes: TaxVox
It turns out that the first year of tax filing for people who have Affordable Care Act health insurance subsidies was a lot easier than the first year of enrolling in the online exchanges. In contrast to the ACA’s maiden open enrollment season, the initial process of settling up incorrect subsidies
April 29, 2015Howard Gleckman
Individual Taxes: TaxVox
So far, most people with Affordable Care Act insurance subsidies seem to be filing their taxes without huge problems, despite the complexity of the process. However, about half of those who have filed returns with tax prep firm H&R Block and who owe a penalty for not having insurance, have
February 24, 2015Howard Gleckman
Individual Taxes: TaxVox
The Obama Administration, finally acknowledging the seasonal mismatch between the Affordable Care Act’s open enrollment season and the ACA’s tax-based penalties for failing to have insurance, decided on Friday to create a new special enrollment season for this year only . The new window will allow
February 23, 2015Howard Gleckman
: TaxVox
An Obamacare replacement? Senate Finance Committee chair Orrin Hatch, House Energy and Commerce chair Fred Upton, and GOP Senator Richard Burr have released their health reform plan, called the Patient CARE Act. The proposal, similar to a bill Hatch and Burr introduced last year, would repeal the
February 6, 2015Renu Zaretsky
: TaxVox
Is dynamic scoring ready for prime time? At a TPC-Hutchins Center program yesterday, backers and critics debated whether congressional scorekeepers should include macroeconomic effects of tax changes when doing a budget score. They disagreed, of course, but did agree that if the tool is used, it
January 27, 2015Renu Zaretsky
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
Senate Republicans are insisting that the 2.3% excise tax on medical devices, enacted as part of the Affordable Care Act, be repealed as part of the package extending expired tax provisions . Democratic Senate Majority Leader Harry Reid says the proposal to chip away at part of Obamacare is not
May 23, 2014Leonard E. Burman