Rep. Dave Camp (R-MI) unveiled a plan today (executive summary here) to simplify the tax code and reduce income tax rates, from the current seven rates to just two rates: 10 percent and 25 percent. It also groups personal family exemptions into three categories instead of the usual six: a larger standard deduction, a larger […]
The University of California – Berkeley released a study implicating the fast food industry for variety of sins, mainly, not paying high enough wages generic levitra to its employees and not providing benefits. This is not terribly surprising since there is a push by labor groups to unionize fast food employees and pay them above-market […]
When I retired, Medicare became my primary health insurance, fully covered by American taxpayers (and federal debt-holders), while Anthem/Blue Cross became my secondary health insurance, fully covered by the University of California. I will never have to spend a nickel of my Social Security benefits or inflation-adjusted defined retirement income on my health insurance. But […]
Rep. Paul Ryan (R-Wis.) released his proposed 2013 budget yesterday and before the ink was dry, the left was attacking it like vultures on a carcass. Ryan was being portrayed as the bogeyman of seniors’ concerns about Medicare. As part of his effort to control an out-of-control bureaucracy, his plan includes: Increasing the Medicare eligibility […]
Let’s hear it for a little math and a lot of common sense. The Community Living Assistance Support and Stability Act (CLASS) program, part of the health care reform law that would essentially create a government-run long term care insurance program, has gone kaput before it even got started. A news article title calls it […]
For those of you who have not had the opportunity to pick up a copy of the 2,074-page ObamaCare law (H.R. 3590) for some light reading, the National Center for Policy Analysis (NCPA) has published a short, two-page analysis on the new long-term care entitlement program discussed in the law (see “The New Long-Term Care Entitlement“).
It just so happens that oddities are not only found at the circus. Under ObamaCare, a variety of puzzling disincentives exist pertaining to its requirements and their effect on small businesses. (For more information on how it works, read the new NCPA publication, Obama's Tax on Job Creation.) First, businesses with 50 or more workers […]