Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
May 14, 2013 01:30 PM
taxreformer -
These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
May 14, 2013 01:01 PM
taxreformer -
"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
May 14, 2013 12:30 PM
taxreformer -
"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
May 14, 2013 12:01 PM
taxreformer -
#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
taxreformer -
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
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How Much Will Health Care Reform Really Cost?
Sen. Sam Brownback’s Senate Republican branch of the Joint Economic Committee has released an interesting study on public health care expenditures. According to the JEC study, health care programs from Medicare, to the Massachusetts reforms, to Britain’s NHS have consistently cost more than originally predicted. Total Medicare expenditures in 1990, for example, were 10 times greater than originally predicted. The report explains why reality often overshadows estimates:
In some of the above cases—such as the British NHS, the U.S. ESRD entitlement, and the Massachusetts health care reform—initial public estimates appear to have simply underestimated the level of demand for the proposed new benefits, perhaps due to insufficient data or a lack of experience administering benefits of that sort. In other cases, such as Medicare’s creation, the actuaries could not have been expected to factor in future program expansions not actually authorized in the then-pending legislation.
New welfare programs create their own demand, both by reducing the marginal incentives of work and increasing the consumption of those receiving the entitlement. It’s hard to guess how much “free stuff” people will want, but it’s never surprising that they want a lot of it.
As breakthrough new medical techniques and drugs are developed, demand increases. This means more health care consumed at higher prices – often the high patent prices of new drugs. The growth of medical knowledge often exceeds less dynamic bureaucratic predictions. The health care entitlements being advanced by Congress Democrats may force us to choose between foregoing this innovation and facing a budgetary meltdown.
