Replacing Obamacare with a Means-Tested Tax Credit »

In his first joint address to Congress, President Trump promoted the idea of a tax credit to support people’s purchase of health insurance. This is in line with the approach taken by Health and Human Services Secretary Tom Price, when he was in Congress, and by the House Republican leadership. Some self-styled conservatives, however,...
Read More »

Obamacare’s Individual Mandate and Tax Credits Are Really, Really Inefficient »

Obamacare’s least popular feature is the individual “mandate” to have health insurance. This requirement was the subject of the 2012 lawsuit asserting Obamacare was unconstitutional: Never before had the federal government forced any resident to buy a good or service from a private business. The people lost that argument. Nevertheless, whether we label the...
Read More »

Bill Clinton Is Right: Obamacare Is Crazy. Here’s a Sane Reform »

Bill Clinton’s criticism of Obamacare reflected a good understanding of labor economics. Last Monday, he explained: So you’ve got this crazy system where all of a sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums...
Read More »

The Dead-Weight Cost of Obamacare’s Loopy Tax Credit »

Obamacare crushes jobs because of its loopy distribution of tax credits. As discussed previously, the (premium-reducing) tax credits for Obamacare coverage phase out in such a way that beneficiaries face very high marginal income tax rate hikes at household incomes up to 400 percent of the Federal Poverty Level. However, even those who increase...
Read More »

The Truth about Tesla Motors »

During a January 19th panel discussion at the Federal Trade Commission (FTC), Tesla Motors general counsel Todd Maron said: “We make money from one thing: car sales and car sales alone.” In reality, electric vehicle (EV) manufacturer Tesla Motors loses more than $4,000 on every car it sells on a “full-cost” basis (keep in...
Read More »

  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org