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The Healthcare Exclusion Is the Tax Code’s Most Harmful Loophole

The Healthcare Exclusion Is the Tax Code’s Most Harmful Loophole

by Dan Mitchell | Apr 30, 2016 | Blogs, Economics, Health Care, Taxation

What’s the worst loophole (properly defined) in the cluttered internal revenue code? I think the deduction for state and local taxes is very bad policy since it enables higher tax burdens in states such as California, New Jersey, and Illinois. The exemption for...
One Strike, Two Strikes, Three Strikes (and Many More Strikes) for Obamacare

One Strike, Two Strikes, Three Strikes (and Many More Strikes) for Obamacare

by Dan Mitchell | Apr 25, 2016 | Big Government, Blogs, Economics, Health Care

The ongoing cluster-you-know-what of Obamacare is a source of unhappy satisfaction. Part of me is glad the law is such a failure, but it’s tragic that millions of people aresuffering adverse consequences. These are folks who did nothing wrong, but now are paying more,...
Krugman, Higher Education, and the Myth of Spending Restraint

Krugman, Higher Education, and the Myth of Spending Restraint

by Dan Mitchell | Mar 12, 2016 | Blogs, Economics, Education

When I accuse my left-wing friends of deciding policy on the basis of feelings, intentions, and ideology, that’s not because I think those are bad motives. After all, I’m also guided by many of these factors. I have empathy for others, especially the disadvantaged. My...
The Healthcare Exclusion Is the Tax Code’s Most Harmful Loophole

The Obama-Rubio “Healthcare Mandate” Controversy

by Dan Mitchell | Mar 2, 2016 | Blogs, Economics, Health Care

My colleague Michael Cannon has been a tireless advocate for market-based health reform. His research has helped pave the way for good Medicare and Medicaid reform proposals on Capitol Hill and he is justifiably famous for his dogged opposition to Obamacare. With that...
More Perverse (but Predictable) Economic Consequences of Obamacare

More Perverse (but Predictable) Economic Consequences of Obamacare

by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care

Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...
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