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The 15% Solution

A blogger contact has told me of a new argument in favor of the health excise tax: Since the tax will be imposed on insurers, the Senate's limit of 15% for insurance company profit and overhead will prevent the cost from being passed on to consumers. There are a...

When Will the White House Wake Up?

Congress may be gridlocked, but the Obama administration has the power, even without congressional action, to take on the CEO set — and the windfalls that are so enraging average Americans. A year ago, movers and shakers at the upper echelons of the Democratic Party...

Will Supreme Court Rule For One-Dollar-One-Vote?

The Supreme Court could say as soon as Monday that corporate executives are free to use huge amounts of corporate resources to directly influence elections. The vote will probably be 5-4 and we know which 5 and which 4 and why. If this happens it will fundamentally...

NYT's David Leonhardt Keeps Clinging to Disproved Ideas

The beat goes on: David Leonhardt, the Times economics blogger and tax supporter, had this exchange regarding the Senate's health excise tax on NPR's "Marketplace" program: Leonhardt: (It's) a tax on the costliest health-insurance plan. It's an idea health economists...

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