3:50 PM, Apr 15, 2015 • By ETHAN EPSTEIN
The Daily Beast’s Michael Tomasky is celebrating this April 15 by declaring that America is “the most undertaxed advanced country in the world.” He claims that this chart offers proof of his assertion.
The chart in question shows that tax revenues in the United States total a mere 24.1% of GDP – by comparison, the United Kingdom, for example, collects 34% of GDP in taxes; in France the figure is 42.4%, and in Denmark it's 48.1%.
But this is very misleading. After all, in all of the countries in question -- besides the United States -- almost all citizens get their healthcare from the government – that is to say, health care is included in their tax bill. By contrast, in the United States, private spending accounts for an estimated 44% of health expenditures.
So, to get a more accurate comparison between the U.S. and other advanced nations, we should add the percentage of GDP that constitutes private health spending (about 7.5% of total GDP in the United States) to the tax burden. If we do that, we find that Americans parted with roughly 32% of GDP this year through taxes and healthcare spending. That puts us right on par with Israel, New Zealand, Canada, and Iceland.
Not that that tells us whether or not America is undertaxed, of course. That’s a question that a bar chart can’t answer.
2:45 PM, Feb 19, 2015 • By GEOFFREY NORMAN
Peter Sullivan’s story in The Hill comes with this headline:
Dems gloat over ObamaCare numbers
There were more signups, it seems, than had been anticipated so no fleas on this dog. As
12:28 PM, Feb 10, 2015 • By MARK HEMINGWAY
The Supreme Court is about to hear King v. Burwell, a case that threatens to seriously undermine Obamacare. As the plaintiffs of the case have pointed out, the text of the law doesn't allow the federal government to provide health insurance subsidies to people who purchase insurance through the federal exchange.
8:35 AM, Feb 2, 2015 • By JERYL BIER
Along with the individual mandate to buy insurance, the employer mandate has been one of the more controversial aspects of Obamacare. Implementation of the employer mandate has been delayed twice, and other aspects of the law are being phased in, with "transitional relief" to help businesses cope. However, according to Healthcare.gov, an employer "mandate" doesn't even exist.
The pen is mightier than the Freud.Jul 28, 2014, Vol. 19, No. 43 • By P.J. O'ROURKE
To what will Obamacare lead? If the administration’s health policies continue on their present trajectory, Obamacare will lead to some form of European-style single-payer national health system.
Hosted by Michael Graham.4:50 PM, Jan 28, 2014 • By TWS PODCAST
The WEEKLY STANDARD podcast, with the 2017 Project's executive director Jeffrey Anderson, on the GOP's new Obamacare repeal and replace alternative.
How to get health insurance while avoiding the exchanges.Dec 30, 2013, Vol. 19, No. 16 • By JEFFREY H. ANDERSON and SPENCER COWAN
At least they have their health. When it comes to purchasing insurance through the Obamacare exchanges, young adults don’t have much else going for them.
Obama’s deceptive budget. Apr 29, 2013, Vol. 18, No. 31 • By JAY COST
Earlier this month, President Obama released his fiscal year 2014 budget, which calls for $1.1 trillion in higher taxes over the next decade, cuts of $400 billion from Medicare and Medicaid, and alterations to Social Security’s benefit rate worth about $130 billion.
Revisited. Mar 25, 2013, Vol. 18, No. 27 • By TONY MECIA
With Obama-care poised to kick in to high gear next year, Dr. Brian Forrest routinely hears skeptics ask if the new laws and regulations will stifle his innovative primary care practice outside Raleigh, N.C.
Disenchantment sets in. Mar 25, 2013, Vol. 18, No. 27 • By MARK HEMINGWAY
"I heard [Obama] say, ‘If you like your health plan, you can keep it,’ ” John Wilhelm, chairman of Unite Here Health, representing 260,000 union workers, recently told the Wall Street Journal. “If I’m wrong, and the president does not intend to keep his word, I would have severe second thoughts about the law.” Besides Wilhelm, some of the nation’s largest union bosses have taken to publicly criticizing the Affordable Care Act.
. . . to ‘free money’ for Medicaid expansion.
Dec 24, 2012, Vol. 18, No. 15 • By ANDREW B. WILSON
If someone who is sinking deeper and deeper into debt comes to you with an offer of “free money,” you would be best advised to:
(a) take the money and run,
First, do no harm—and then repeal Obamacare.Sep 3, 2012, Vol. 17, No. 47 • By WILLIAM ANDERSON
Thirteen years ago I co-authored a book that I thought could cut the Gordian knot of the health care dilemma. The dozens of copies sold proved insufficient to promote the needed revolutionary change. John C. Goodman has now written the book that can do the job. He presents as clear an answer as we are ever likely to see, along with examples from the real world. It’s now our job to make the case in a politically effective way.
Aug 20, 2012, Vol. 17, No. 45 • By JAMES C. CAPRETTA and YUVAL LEVIN
The oddly convenient academic study has long been a weapon in the Democratic party’s arsenal of election-season demagoguery. Do you need to say that conservative policies would sink the republic? Here’s a paper by scholars from a respected university, published in a respected journal, and released just as your campaign was turning to the issue in question, which happens to say just what you had in mind. It might all fall apart on closer inspection, but in the heat of a campaign it’s a perfect fit.