Senior Policy Analyst, Center for Data Analysis, Institute for Economic Freedom and Opportunity at the Heritage Foundation
Con to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"
"Congress should repeal this massive statute, start over, and get health care reform right...
Obamacare will increase the Medicare payroll tax and estabish a new Medicare non-payroll ('investment') tax. This tax will apply perversely on 'flow through income' - thus reaching a significant share of small businesses. Moreover, the wage thresholds on this tax increase are not indexed to inflation, and, consequently, will push more small business owners into this higher tax group. The Medicare 'investment' tax will also lead to greater deterrence on investment - and passive income - which will suppress economic growth.
Businesses will not take much comfort from the passage of this 'historic' health care bill. The President and many lawmakers in Washington are consistently proposing and passing legislation that hurts these businesses, and Obamacare is one more example...
The intended consequences of this poorly constructed bill are harmful enough, but the many unintended consequences are even worse."
"Obamacare: Impact on Businesses," www.heritage.org, Apr. 27, 2010
"Obamacare: Impact on Businesses," www.heritage.org, Apr. 27,2010
Cowritten with Robert A. Book, PhD, "The House Health Fix: Even Higher Penalties for Employers," www.heritage.org, Mar. 19, 2010
"The House-Passed Health Care Plan Revisited: Employer Mandate Penalties on Small Firms," www.heritage.org, Jan. 11, 2010
Cowritten with William Beach, Robert A. Book, PhD, Karen Campbell, PhD, Rea Hederman Jr., David Kreutzer, PhD, Robert Moffit, PhD, David Muhlhausen, PhD, Guinevere Nell, Kathryn Nix, Nina Owcharenko, Jason Richwind, James Sherk, Kisa Smith, Patrick Tyrrell, Paul Winfree, "An Analysis of the Senate Democrats' Health Care Bill," www.heritage.org, Dec. 18, 2009
"The Pelosi Health Care Plan: Employer Mandate Penalties on Small Businesses," www.heritage.org, Nov. 5, 2009
"The Baucus Plan: Implications for Small- and Medium-Sized Firms," www.heritage.org, Oct. 20, 2009