Chart of the Week: Obamacare’s 17 New Taxes

Americans who feel overtaxed already are in store for a shocker: Obamacare will add 17 new taxes or penalties for a whopping cost of $502 billion over its first 10 years. This week’s chart illustrates the new taxes and offers a year-by-year rundown of their annual costs. These taxes will pay for generous subsidies, an expansion of Medicare and new government spending. A notable jump in Obamacare taxes comes in 2013, a result of Medicare Hospital Insurance tax and an increase in taxes on investment income for high-income earners. “If … More

WSJ Debate: Should the Government Require You to Purchase Health Insurance?

By Michael F. Cannon

In today’s Wall Street Journal, I debate ObamaCare‘s individual mandate. Here’s the teaser: Should Everyone Be Required to Have Health Insurance? Yes, says Karen Davenport of George Washington University, because it’s the key to making health care more affordable and accessible. No, says Michael F. Cannon from the Cato Institute, because it will make health [...]

WSJ Debate: Should the Government Require You to Purchase Health Insurance? is a post from Cato @ Liberty – Cato Institute Blog