Sunday, July 15, 2012

So What Exactly Do We Get For Our New Tax?


by Richard J. Grant

The key to understanding the Patient Protection and Affordable Care Act (PPACA) is not whether the provision formerly known as the “individual mandate” is now a penalty or a tax but what burden it imposes. The act’s remaining political support depends on a failure to recognize the incidence and magnitude of the total burden imposed on people by the ... read more

Richard J. Grant is a Professor of Finance and Economics at Lipscomb University and a Senior Fellow at the Beacon Center of Tennessee. His column appears on Sundays. E-mail messages received at: rjg@richardjgrant.com

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Copyright © Richard J Grant 2012