TaxVox: Medicare

president obama signing the affordable care act

Biden May Propose Using Net Investment Income Tax Revenues to Shore Up Medicare

March 2, 2023 –

President Biden may propose allocating revenue from the 2010 Affordable Care Act’s Net Investment Income Tax (NIIT) to maintain solvency of Medicare’s Part A Hospital...

Federal Budget and Economy

Trump The Disrupter Takes Dead Aim At Social Security

August 10, 2020 –

Throughout the 3 ½ years of his presidency, Donald Trump has disrupted nearly every major institution of government, save one.

Individual Taxes

The IRS Delivered Economic Impact Payments In Record Time, So Why Haven’t Some Needy Families Gotten Their Money?

July 23, 2020 –

With Congress about to debate a second round of stimulus payments for tens of millions of people, it is important to review some lessons about...

TPC Launches A New Resource For Understanding Tax Expenditures

January 28, 2020 –

Would you be surprised to learn that in addition to the $1.3 trillion the federal government will spend on Medicare, Medicaid , and related health...

The Tax Cuts And Jobs Act Reduced Tax Expenditures But By Much Less Than The 1986 Tax Reform Act

December 10, 2019 –

For years, tax reformers have advocated reducing marginal tax rates, broadening the tax base, and eliminating provisions that provide special benefits to select forms of...

Federal Budget and Economy

Government Trust Funds Are Selling America Short

December 3, 2019 –

Federal lawmakers have found many ways to shift the responsibility for today’s spending to tomorrow’s taxpayers. But among the most important is their habit of...

Warren’s Medicare For All “Employer Medicare Contribution” Is A Distortionary And Regressive Tax

November 5, 2019 –

On Friday, Elizabeth Warren released her financing plan for Medicare for All . It is predictably wonky and politically courageous—new spending is way more popular...

Individual Taxes

How Government Tax And Transfer Policy Promotes Wealth Inequality

February 5, 2019 –

Federal tax and spending policies are worsening the problem of economic inequality. But the tax breaks that overwhelmingly benefit the wealthy are only part of...

Reality-Based Assistance for Troubled Communities and Regions

October 12, 2018 –

Americans appear deeply divided, in part because they are experiencing vastly different economic outcomes based on where they live. What causes these regional disparities? How...

Individual Taxes

If You Care about Social Security and Medicare, You Should Care about these Tax Bills

November 21, 2017 –

The Joint Committee on Taxation, Congressional Budget Office , and Tax Policy Center agree that, without significant changes, the House-passed tax bill (the Tax Cuts...