Thousands forcibly sterilized by the progressives in the early 20th century. Experimentation (by withholding treatment) on black males with syphilis in the mid century. Swine flu vaccine that killed people without preventing the flu in the 1970s. More.
You can’t trust that you are getting the real story from Social Security and Medicare websites. Medicare tells seniors they don’t have to sign up for Part B and Part D coverage if the gap between jobs is 8 months or less. The surprise: it counts the gap between ever job change and life time penalties can be a 20% increase in premiums or more. It also doesn’t warn seniors that taking capital gain can double or triple their Medicare premiums. More.
That’s the estimate of the Office of Inspector General and it averages $10,000 a piece. Social Security personnel have been signing up widows for widow’s benefits and retirement benefits at the same time – thereby robbing them of much high retirement benefits they would have later qualified for if the paperwork had been done correctly. More
Greta Thunberg, the determined 16-year-old Swedish activist, has it wrong. If there is an economic payoff from avoiding global warming, there is no reason why the current generation should bear all the costs and future generations should get all the benefits. The climate can be fixed in a manner that makes every generation in every part of the world better off. More.
Ignoring the tax subsidies (both at work and in the individual market), things have gotten worse for people with chronic health conditions – because of Obamacare. Premiums have doubled. Deductibles have tripled. And narrow networks exclude the best doctors and the best hospitals. The reason: Obamacare gives insurers perverse incentives to attract the healthy and avoid the sick. People with health problems are being mistreated because no health plan wants them.
John Goodman and Devon Herrick, study for the Heritage Foundation.
What the Left Doesn’t Understand About Health Care Prices
If prices are the problem, why don’t they advocate price controls – requiring all providers to accept Medicare fees. If providers are making too much money, why don’t they advocate taxing provider incomes and giving patients tax rebates based on their medical expenses. These measure would be bad, but easy – much easier than trying to nationalize the entire health care system. More from John Goodman at Forbes.
The good: People can contribute to IRAs regardless of age, 401(k) balances can be converted into annuities and retirees can go another year and a half before there are required withdrawals from tax deferred accounts. The bad: heirs are required to withdraw deferred accounts more quickly (10 years). The ugly: industries that agreed to be taxed in order to fund Obamacare get their taxes rescinded, without any reform of the mess they helped create. More.
How many of you are dreading the breakout of political warfare over Christmas dinner? I am and I’m not even formally eligible to celebrate the holiday. I’ve seen no reliable count, but I sense that tens to hundreds of thousands of families have already come apart thanks to the Great Divider. More.
We need to remove the most unfair, most anti-work, most anti-saving provisions of the tax code – ones that burden the middle-class. These include a social Security earnings penalty that can push senior workers into a 95% marginal tax rate, a tax on nonsocial security income that even hits tax-exempt bonds, and unfair restrictions on part-time workers and the self-employed. More.
We need to remove the most unfair, most anti-work, most anti-saving provisions of the tax code – ones that burden the middle-class. These include a social Security earnings penalty that can push senior workers into a 95% marginal tax rate, a tax on nonsocial security income that even hits tax exempt bonds, and unfair restrictions on part-time workers and the self-employed. More.