Work as Identity

In yesterday’s New York Times, Edwardo Porter wrote a detailed critique of Universal Basic Income. In short, Universal Basic Income is the idea that poverty could be eradicated by simply giving a basic level of income to each citizen, regardless of means. The idea has been kicked around in left-leaning policy circles for some time…

5 Takeaways from Ted Cruz’s Tax Plan

Here are my five big takeaways after reviewing Ted Cruz’s tax plan and the TPC’s study of the plan. 1. Ted Cruz would collapse the federal income tax into one bracket with a 10% rate.  Cruz would abolish the corporate income tax, payroll taxes for Social Security and Medicare. He would also eliminate the estate and…

5 Takeaways from Donald Trump’s Tax Plan

It seems that every time I do a summary of a candidate’s tax plan, the candidate suffers a terrible loss in the subsequent primary. Therefore, as a public service, here is my summary of Donald Trump’s tax plan. As always, I rely on the candidate’s posted plan and the TPC’s study of the plan. 1. Trump would reduce…

5 Takeaways from Bernie Sanders’ Tax Plan

1. Sanders’ plan would generate an enormous amount of tax revenue. The Tax Policy Center estimates Sanders’ tax plan would raise revenue by  $15.3 trillion over the next ten years. For comparison, Hillary Clinton’s tax plan, which also calls for some tax increases, would only generate $1.1 trillion over the next ten years. 2. Sanders would…

5 Big Takeaways From Marco Rubio’s Tax Plan

This is the first in a series that address the candidates’ respective tax plans. I’m starting with Marco Rubio since his plan is the most likely to become irrelevant in the next few days. A great deal of this information comes from the Tax Policy Center, a non-partisan group that has done extremely helpful studies on…

Another Early Success of Obamacare

Obamacare is most famous for expanding insurance coverage to millions of Americans. In addition the coverage expansion, the law also took some innovative steps in changing the way the government pays for health care. For decades, healthcare providers and doctors have been paid for each service they provide to Medicare and Medicaid patients. This model, called…