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With all of the attention paid to the health-care overhaul plans of the Obama administration and the cap-and-trade bill coming next from Congress, political observers can be excused if they believe that all of the government interventions and takeovers have been addressed. However, statism rarely sleeps...
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What exactly does Congress intend to do with cap-and-trade? The bill awaits the attention of lawmakers as the efforts by Democratic leadership to dictate an overhaul of the American health-care system convulses and stalls. The House passed Waxman-Markey in early July, but that came before the revelation...
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The plan offered for overhauling the American health-care system by Senator Max Baucus (D-MT) relies in part on revenues generated from a broad tax on FDA-regulated medical devices that Baucus predicts will generate $4 billion a year. Unfortunately for Baucus, he didn't bother to check the definition...
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How difficult will it be to overhaul the American tax system? Listening to politicians during political campaigns, voters must get the idea that a new tax code is just around the corner. Candidates from both parties regularly bemoan the incredibly arcane and often ludicrous federal income-tax system...
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Barack Obama revealed a curious lack of understanding of the word tax in his media blitz last Sunday, as he fought to keep his health-care overhaul alive. George Stephanopoulos of ABC News asked the President about the Baucus health-care overhaul bill and its individual mandates, which Obama had opposed...
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When considering tax policy, analysts can choose from two basic methods to determine how policy will affect revenues and industry. The first, used by many politicians, is static analysis, which assumes that tax policy has no effect on consumer and investor behavior. This kind of analysis is far simpler...
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Two hundred thirty-three years ago this summer, our founding fathers issued and signed a Declaration of Independence from a tyrannical government that intended to dictate taxes and services to obstreperous colonists an ocean away. In that famous document, the revolutionaries declared themselves free...
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In the midst of all the talk about a top-down overhaul and reworking of the health-care industry, supposedly to fix the failures of the private sector, two new studies show that the private sector could do a better job of reform if government would just get out of the way. Time Magazine features two...
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As these embarrassing moments often do in government, the first hint came late on a Friday afternoon. Administrations like to release damaging information at this time, so much so that the practice has its own name: the Friday afternoon document dump . The hope is that more pressing news will swamp out...
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The AARP has begun losing members ever since it started playing footsie with the Obama administration on health care reform. While insisting that the senior-citizen interest group has not officially endorsed any plan, their leadership has thus far found nothing to criticize about Barack Obama's overhaul...