Posts Tagged ‘Medicare tax’
Latest Research
February 26, 2010The President’s Health Proposal: Taxing Investments Undermines Economic Recovery
President Obama’s recent proposal for health care reform would cover the cost of expanding coverage to millions of Americans by taxing investments. Here, Heritage analysts outline how this punitive tax would cripple future growth of the U.S. economy and further delay recovery from the current economic downturn.
Tags: economy, Medicare tax, new taxes, Obama Health Care Plan, President's proposal
In the News
February 26, 2010The President Health Proposal: Taxing Investment Income
In preparation for today’s bipartisan Health Care Summit, President Obama released his own version of health care reform earlier this week. The President’s proposal includes several high-ticket provisions for expanding coverage. Since he has promised time and again not to raise taxes on the middle-class in order to pay for health care reform, the President’s bill imposes a Medicare tax on the investment income of high-individuals to off-set some of the cost of expanding Medicaid and financing other provisions of his health agenda.
But, as Heritage analysts Karen Campbell and Guinevere Nell explain in a recent paper, these new taxes would have widespread adverse effects for all Americans, not just the wealthy that they target. This is partially due to the very nature of a tax: (more…)
Tags: Cadillac tax, Health Care Summit, Medicaid, Medicare tax, ObamaCare, President's proposal
Featured Videos
Featured Videos
Key Documents
- Congressional Research Service Memorandum to the Senate Committee on Health, Education, Labor, and Pensions
- Letter from Senators Enzi and Coburn to Health and Human Services Secretary Sebelius
- Letter to Health and Human Services Sectretary Sebelius from Senators Grassley and Enzi
- Congressional Budget Office letter to Chairman Stark of the Subcommittee on Health
- Proposed Rule from the Centers for Medicare & Medicaid Services for the Medicare Program
Archives
