Tag: Taxation

Obamacare Tax Merry-Go-Round »

Get a load of how Obamacare health-insurance premium taxes work. According to Medicaid Health Plans of America: “This situation results in the federal government taxing itself and taxing state governments to fund the higher Medicaid managed care payments required to fund the ACA health insurer fee.” It look me a few times to get...
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CalPERS Approves 99 New Ways to Spike California Public Pensions »

Today, in yet another act of fiscal irresponsibility, the California Public Employees’ Retirement System (CalPERS) approved a list of 99 types of extra pay that can be used to calculate pension benefits for state and local government employees. The supplemental pay includes extra money that public employees earn when they briefly fill higher-paying jobs....
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What Is to Be Done with Health-Insurance Exchanges, Post-Obamacare? »

Any time a Republican politician suggests that there is anything positive in Obamacare, the media are eager to declare that this means the Republican establishment is backing away from repealing the Affordable Care Act and wants to “fix” it instead. This, of course, is what most businesses and their lobbyists would prefer take place....
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Classifying America: Government’s Power to Define Is the Power to Discriminate »

In one of the most famous phrases uttered by a Supreme Court justice, Potter Stewart defended his ruling in an obscenity case (1964) by refusing to offer a clear definition. Instead, he stated: “I shall not today attempt further to define the kinds of material I understand to be [hard-core pornography]; and perhaps I could...
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“Risky Business” in Climate Change Policy »

Alicia Mundy writes in the Wall Street Journal of June 24, 2014, that a coalition of environmentalists and at least some of the many corporate cronies of the federal government are pressing a proposal to require private business entities to account for and to report to shareholders the risks to which they are exposed...
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Who’s Behind IRS Targeting? Don’t Ask NPR »

As I’ve mentioned before, “All the President’s Men” is one of my all-time favorite movies, depicting the heroic efforts of two cub reporters relentlessly pursuing a story of little interest to others until their efforts eventually resulted in bringing down the entire Nixon administration. When it was discovered in the course of the Congressional...
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Taxpayers Are Shocked to Discover That When They Vote for Government Services, They Have to Pay for Them »

Taxpayers in Austin, Texas, are upset that their property tax bills are rising. This article reports that taxpayer Gretchen Gardner is “at the breaking point” because of her increasing property taxes. Gardner says, “I have voted for every park, every library, all the school improvements, for light rail, for anything that will make this...
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Common Core: Raising the Bar-barians »

“Barbarians at the gate.” That’s what Arizona Superintendent of Public Instruction John Huppenthal called opponents of Common Core national standards earlier this month. His remarks are symptomatic of just how far elected officials within and outside Arizona have strayed from our Constitution, which doesn’t even contain the word “education.” Supporters claim Common Core will...
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Piketty on Inequality »

The ultimate thesis in Thomas Piketty’s Capitalism in the Twenty-First Century is that the return on capital is higher than the growth in output and wages, so the owners of capital will see their wealth, and therefore, incomes, rise faster than those who earn the bulk of their incomes through labor. The distribution of...
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Government Failure.gov »

Headlining at Saturday night’s White House Correspondents’ Association dinner, the president garnered huge laughs over the fact that he’s destroying the American healthcare sector and has failed to provide an alternative: “Of course, we rolled out HealthCare.gov,” Obama said of his tough year in 2013. “That could have gone better.” “In 2008, my slogan...
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