Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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"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
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"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
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#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
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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
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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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
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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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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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
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.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
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Email
PrintLarry Summers Hits the Nail on the Head
Larry Summers, head of President Obama’s National Economic Council, published an interesting paper a few years back. It is entitled “Some Simple Economics of Mandated Benefits.”
Dr. Summers hits the nail on the head in his paper.
Why is the individual health insurance mandate bad?
Is it because it is a massive payout to insurance companies? Is it because it distorts the market? Is it because it will be at a huge cost to the government? Is it because we don’t like to be told what to do, and mandates take away our liberty?
Yes. Particularly on the last note. But those aren’t the primary reason why we dislike the mandate for personal health insurance.
As Dr. Summers put so well, “As with value-added taxes, it can plausibly be argued that mandated benefits fuel the growth of government because their costs are relatively invisible.”
ATR’s purpose is to limit government, by limiting taxation. The invisible costs that are associated with a mandate are a backdoor to expanded government, something that we vehemently oppose. That is why we most strongly disapprove of the individual mandate for health insurance.
Read the rest of Dr. Summers paper here.
