People are saying that the so-called Cadillac tax "might fall flat" and "has real problems." And those are its defenders. I can't remember any new policy in recent history whose own advocates had so many complaints with its design. more »
A blogger contact has told me of a new argument in favor of the health excise tax: Since the tax will be imposed on insurers, the Senate's limit of 15% for insurance company profit and overhead will prevent the cost from being passed on to consumers. There are a number of reasons why that argument won't work: more »
The theory behind the "Cadillac tax" on health plans is little more than wishful thinking based on dubious research. Advocates believe that forcing employers to cut benefits will lead to cheaper, better care. That's like preventing rain by outlawing umbrellas. more »
The beat goes on: David Leonhardt, the Times economics blogger and tax supporter, had this exchange regarding the Senate's health excise tax on NPR's "Marketplace" program:
Leonhardt: (It's) a tax on the costliest health-insurance plan. It's an idea health economists really like. more »
Blogger and video producer Lee Stranahan has produced a video that includes footage of Barack Obama denouncing the so-called 'Cadillac tax' during last year's Presidential campaign. Stranahan, who is an uninsured husband and father, accompanies his video with a voice-over lament describing his disappointment in the President for supporting the tax. The President is seen saying these words on the video: more »
Amid indications from President Obama that he wants the House to adopt the Senate's health tax, we learn that he will meet with labor to discuss their concerns about the tax's effect on middle-class American workers. more »
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