Category Archives: government

How Much Does the New Healthcare Tax Cost?

Written by Neil Kurtzman | 2nd July 2012

Tweet Now that we’ve been informed that the Affordable Care Act’s penalty for not purchasing health insurance is a tax rather than a real penalty, I thought it informative to see how much this tax might be and what the consequences of opting to pay it rather than purchasing medical insurance are. I’ll go through the weeds below; but briefly the take away…


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More on Taxes and Spending

Written by Neil Kurtzman | 30th July 2011

Tweet In an earlier post I presented data on income tax revenues before and after the Bush tax cuts. These revenues rose after the tax cuts and then fell with the severe economic downturn of 2008. Below is a more recent graph that shows both government revenues and spending. They seem to show that the greater spending…


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Educational Thought of the Day – Farm Income and Dept of Agriculture

Written by Neil Kurtzman | 3rd July 2011

Tweet US farm income in 2011 is estimated by the Department of Agriculture at $94.7 billion. The Department’s 2012 budget is 145 billion. For a comment on this wonderful achievement in the Wall Street Journal go here. Interestingly the commentator underestimates the Department’s budget. No further comment, at least by me, is needed.


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