Tag: ‘Obamacare’

Who Deserves a [Tax] Break Today?

By :: January 27th, 2015

Is dynamic scoring ready for prime time? At a TPC-Hutchins Center program yesterday, backers and critics debated whether congressional scorekeepers should include  macroeconomic effects of tax changes when doing a budget score. They disagreed, of course, but did agree that if the tool is used, it ought to be limited to a few big bills […]

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How Did Medical Device Makers Become Poster Children for Obamacare Critics

By :: November 13th, 2014

The push to repeal the Affordable Care Act’s tax on medical devices has somehow become a touchstone for GOP efforts to chip away at President Obama’s health care law. But why?  To paraphrase Bogart’s  classic line from Casablanca:  Of all the taxes in all laws in all the world, why did they pick this one? […]

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Why Not Ditch the Medical Device Excise Tax and Boost Cigarette Taxes?

By :: May 23rd, 2014

Senate Republicans are insisting that the 2.3% excise tax on medical devices, enacted as part of the Affordable Care Act, be repealed as part of the package extending expired tax provisions. Democratic Senate Majority Leader Harry Reid says the proposal to chip away at part of Obamacare is not germane and has refused to allow […]

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If You Have High Income, Your Taxes Are Going Up

By :: April 8th, 2014

As the April 15 deadline for filing 2013 income taxes nears, most of us are finding that Uncle Sam will take about the same share of our income as last year. But the story is very different for people at the top of the income ladder. Their taxes are going up, in many cases by […]

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A Web Tool to Calculate ACA Tax Penalties

By :: March 6th, 2014

The deadline is looming: If you don’t have approved insurance coverage by March 31 (and are not exempt from the requirement), the Affordable Care Act will hit you with a penalty on your 2014 income tax return. It is often said the tax is $95, but for many people it will be much more. A […]

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How 19 Million Uninsured Tax Filers Could Get ACA Coverage

By :: February 20th, 2014

Back in November, I suggested that tax prep firms might be a useful portal for low-income people to get insurance coverage through the Affordable Care Act. The idea: Since many key ACA-related issues are income-based, commercial tax prep is an easy way for folks to learn whether they are eligible for expanded Medicaid coverage, how […]

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Why Not Use Tax Preparers as a Portal to Health Exchanges?

By :: November 14th, 2013

What if we bought individual health insurance through our tax preparers? At first, the idea seems bizarre, but give me a minute to explain. Given the well-known problems of HealthCare.gov and many of the state health exchanges, people seeking insurance coverage need a better way to buy. And commercial alternatives to government sites seem an […]

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How Big is the Penalty if You Don’t Get Health Insurance?

By :: November 6th, 2013

Stories about the Affordable Care Act often tell readers that they’ll have to pay a $95 penalty if they don’t get adequate health insurance coverage. But, like a lot of other things I read about the health law, that’s not quite correct. The penalty (which the Supreme Court said is actually a tax) could be […]

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Is Obamacare the GOP’s White Whale?

By :: September 17th, 2013

 “The White Whale swam before him as the monomaniac incarnation of all those malicious agencies which some deep men feel eating in them…All that most maddens and torments; all that stirs up in the lee of things;…all that cracks the sinews and cakes the brain; all evil…visibly personified …and made practically assailable in Moby Dick” […]

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Do Low-Income Taxpayers Cheat?

By :: July 18th, 2013

My blog last Tuesday on overblown concerns about people falsely claiming subsides under the Affordable Care Act’s insurance exchanges generated a lot of response. Much focused on my assertion that the income tax system operates remarkably well as a largely voluntary program. Their retort: I naively misjudged the willingness of low-income people to cheat. In […]

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