The just-announced Republican tax plan is essentially the House “Better Way” plan proposed in June 2016. The business part of the tax reform transforms our corporate tax into a business cash flow tax (BCFT) by moving to full expensing and restricting interest deductibility.
Republican
Why Republicans Can’t Pass A Health Care Bill
Recriminations are already underway – at the White House, on Capitol Hill, in the news media. They are debating whose fault it is that Senate Republicans can’t pass a health care bill. Was it the fault of Mitch McConnell? Or Mike Lee? Or the half dozen other senators who balked?
Republicans Are In A Health Care Trap. Here’s What They Can Do About It
For most of the last seven years, Republicans thought it would be easy. Everyone could see that Obamacare was a mess. It has so many problems it would take forever to list them. Even Bill Clinton said the system is “crazy.” There are so many victims and so many horror stories, it’s almost impossible to think of a system that could be worse.
Why Republicans Can’t Replace Obamacare
It’s a flawed program. Everybody knows it. Premiums are too high. Deductibles are too high. Doctor and hospital networks are too narrow.
What Would A Free Market For Health Care Look Like?
One of the more interesting television commercials I see is an ad sponsored by Cancer Treatment Centers of America (CTCA). The message: if you have cancer, we want you.
Republican Health Care Fiasco, Part II
Republicans in Congress have never been more divided over what constitutes a conservative approach to Obamacare. If that doesn’t strike you as strange, it should.
Republican Health Care Fiasco
Republicans failed to repeal and replace ObamaCare for four reasons. First, there was never agreement about what the party was for and what it was against – even after 7 years and 60 repeal votes in Congress.
How The Fed Can Save The House Tax Bill
As I’ve written, the House Republican tax bill has a lot to recommend it, including to Democrats. It needs some tweaks and proper transition rules to ensure it’s at least revenue neutral and as progressive as the current system (which, as you can read here, is far more progressive than commonly believed).