The “Cadillac Tax”: Driving Firms to Change Their Plans? Liberty Street Economics. Jason Bram, Nicole Dussault and Maxim Pinkovskiy Since the 1940s, employers that provide health insurance for their employees can deduct the cost as a business expense, but the government does not treat the value of that coverage as taxable income.
This exclusion of employer-provided health insurance from taxable income—$248 billion in 2013, according to the Congressional Budget Office—is a huge subsidy for health spending. Many economists cite the distortionary effects of this tax subsidy as an important reason for why U.S. health care spending accounts for such a large share of the economy and why spending historically has grown so rapidly.
In this blog post, we focus on a provision of the Affordable Care Act (ACA) that is intended to chip away at this tax subsidy, the colloquially labelled “Cadillac Tax” on the priciest employer-provided health insurance plans. Who Will Be Affected? Certain industries also tend to offer more generous health benefits. How Elon Musk exposed billions in questionable Pentagon spending. Elon Musk’s SpaceX had to sue before it got access to the Pentagon — but now, as it promises to deliver cargo into space at less than half the cost of the military’s favored contractor, it has pulled back the curtain on tens of billions in potentially unnecessary military spending.
The entrenched contractor, a joint operation of Boeing and Lockheed Martin called the United Launch Alliance, has conducted 106 space launches all but flawlessly, but the cost for each is more than $350 million, according to the Government Accountability Office. SpaceX promises launches for less than $100 million. Story Continued Below Yet despite the potentially more cost-effective alternative, taxpayers will be paying the price for ULA’s contracts for years to come, POLITICO has found. Estimates show that, through 2030, the cost of the Pentagon’s launch program will hit $70 billion — one of the most expensive programs within the Defense Department. $002fj$002fev.2010.7.2$002fev.2010.7.2.1762$002fev.
Battleground America. Just after seven-thirty on the morning of February 27th, a seventeen-year-old boy named T.
J. What Can Stop Kids From Dropping Out. A decade ago, Georgia State University — racially segregated until the 1960s and a stone’s throw from the Rev.
Dr. Martin Luther King Jr.’s birthplace — was a poor-performing, big urban institution with low graduation rates and yawningly wide racial gaps. But even as the student body has become poorer and more ethnically and racially diverse, the overall graduation rate has climbed to 56 percent from 41 percent. Even more remarkably, minority students, first-generation students and low-income students with federal Pell grants are earning degrees at a higher rate than their white peers. The 11 best episodes of 'This American Life' according to host Ira Glass.
The award-winning show that might have been a "Journey to Whatever" but instead became "This American Life" reached a milestone with its 500th episode on Friday.
The long-running (almost 18 years) and highly successful radio show focuses each week on a single theme, delivering one long story or several shorter ones. Facebook. Welcome. How Generation Y is paying the price for baby boomer pensions. Private jets: This is how much Google, Facebook and other US companies spent on free flights for their business executives. The RJR Airforce When Ross Johnson was chief executive of RJR Nabisco, the tobacco-to-biscuits conglomerate, in the 1980s, he sent Rocco, his pet dog, on a 2,000-mile flight aboard the company jet.
According to the story, made famous in Barbarians at the Gate, a book about the leveraged buyout of the company in 1988, Mr Johnson had been playing in a golf tournament in a Palm Springs resort when the German shepherd bit a security guard, prompting concern that the dog would be quarantined, or worse. Bertrand%20and%20Mullainathan 2001 Elites. Revealed Altruism by James C. Cox, Daniel Friedman, Vjollca Sadiraj. James C.
Cox Georgia State University - Department of Economics Daniel Friedman University of California, Santa Cruz - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute) Vjollca Sadiraj Georgia State University - Department of EconomicsAugust 2006 Andrew Young School of Policy Studies Research Paper Series No. 07-14. GSU EXCEN WP 2014 05. How Do Retailers Set Their Holiday Prices? - Georgia State University. An inside look at the holiday pricing games traditional retailers are playing to keep up with online competitors.
By Jeremy Craig Holiday shopping is a fickle game. Why is English so weirdly different from other languages? English speakers know that their language is odd. So do people saddled with learning it non-natively. The oddity that we all perceive most readily is its spelling, which is indeed a nightmare. In countries where English isn’t spoken, there is no such thing as a ‘spelling bee’ competition. For a normal language, spelling at least pretends a basic correspondence to the way people pronounce the words. But English is not normal. Spelling is a matter of writing, of course, whereas language is fundamentally about speaking.