Econ Comments & Analysis
WSJ | Another ObamaCare Tax That Is Bad for Your Health
On Jan. 1, manufacturers of medical devices in the U.S. were hit with a new 2.3% tax on revenue, one of the many sources of money tapped to pay for ObamaCare. This tax will likely cut into the profits of large medical-device manufacturers, a cost that will almost certainly be passed on to health-care consumers. But its effect on U.S. medical-device startups—the small companies that fuel innovation—may prove devastating.
Washington Times | The great train wreck
The delay of the employer mandate in Obamacare is designed to improve Democrats’ prospects in next year’s congressional elections, but it’s difficult to see how and it’s not promising news for everyone else. Both employers and employees can only worry about what’s coming next. They should expect it to be bad. Investments in job creation will be delayed; prudent employers will necessarily put off hiring new workers.
WSJ | ObamaCare's 'Liar' Subsidies
The White House seems to regard laws as mere suggestions, including the laws it helped to write. On the heels of last week's one-year suspension of the Affordable Care Act's employer mandate to offer insurance to workers, the Administration is now waiving a new batch of its own ObamaCare prescriptions.
CRS | Health Care Reform and Small Business
Small businesses may benefit from the ability to purchase insurance in the exchanges set up by the states or the federal government.