“One of the key components of ObamaCare, tax subsidies to purchase federally approved health insurance, will substantially increase the number of people who are not paying for government services and thus have a lower incentive to be concerned about record-breaking government spending. These tax subsidies, which take effect in 2014, will also harm the economy by increasing the national deficit and by creating huge marginal tax rates that will discourage productivity for many households. Obamacare’s tax subsidies are one of the primary reasons to repeal Obamacare.”
“This summer the IRS is set to finish writing the rules for one of ObamaCare’s new taxes–its 2.3% levy on medical device companies. Congress should wrest the pen from the taxman’s hand and scrap the tax entirely. Not only will it raise the prices American patients pay for life-saving medical equipment, it will also destroy thousands of high-quality jobs across the country.”
“Comparative effectiveness research could cost the nation trillions of dollars in economic activity and shorten the lives of Americans, concludes a new report from the Center for Medicine in the Public Interest.”
“Last month was tax time, and some small businesses filed at last for the health insurance tax credit included in the health reform law. Most will be disappointed. Since the Patient Protection and Affordable Care Act (PPACA) passed a year ago, its supporters have touted its benefits. Yet, it’s important to remember why the credit does not deserve any lavish praise.”