Hits and Misses
Senate Rep
ublicans have changed their plan: the original version would have taxed employer-proved coverage in excess of 65% of the average plan cost; the new version taxes insurance in excess of “65% of the average market price for an expensive high option plan.” Hmmm. Original plan here.
Cato study: Immigration has no effect on welfare spending.
An economic explanation for human sacrifice: could it have been a way of keeping civic order?
Finding: Democracy doesn’t have much effect on inequality. HT:Tyler
“It appears that the Senate Republicans who put forward their own alternative to Obamacare have quietly refined their proposal, undoing what would have been a significant tax increase on most Americans.”
Much smarter. Rather than complaining about the ACA, they can now propose a concrete plan of attack.
Hopefully at least, it didn’t look like too many details are out there yet
Right?? hopefully it will be up soon
they may be playing it close to their chests.
The Republicans are stepping up their game
it took them long enough.
Hopefully it just means that it will be thorough.
Of course immigrants don’t effect welfare, the amount that qualify is so astronomically small.
Those are amazingly strange papers that Ben Richmond has published.
right??? What an interesting background
“But it would reduce the tax impact for most Americans, compared to the original proposal, by significantly raising the threshold for when you start paying taxes on your insurance contributions.”
Much better.
Hopefully it can gain traction though
With enough luck Republicans will win the house and senate to get it though.
“President Obama’s State of the Union address promised a renewed focus on economic inequality in the last two years of his administration. But many have already despaired about the ability of American democracy to tackle increasing economic inequalities.”
Free the markets!
spread it like wildfire my friend!
I am not sure how to define the “average market price for an expensive high option plan” but I understand that Senators Hatch, Burr, and Coborn are trial-ballooning this and it will see lots of tweaks as long as it maintains public exposure.
I still think it will be very hard to tax a large number of middle-class and high-income people to fund a tax credit for people who earn under 300 percent of Federal Poverty Level. It will be an especially hard sell to Republican colleagues.