Tax Inversions, Patriotism, and Screwing Up Obamacare

Tax Inversions, Patriotism, and Screwing Up Obamacare
While I was looking through my analytics yesterday, I found an odd search query that had somehow brought someone to my page: “more patriotic-sounding alternative to tax invetsion [sp].” Maybe if they had spelled “inversion” right it would have come up with some witty list of patriotic euphemisms. The best idea I can come up with is “The Eagle’s Plight.” ...

Exchanges, Halbig and Unintended Consequences

Exchanges, Halbig and Unintended Consequences
When I was young, my brother and I would hide our Battle Beasts, prepped to ambush whatever unwitting toy came by. Sometimes we would hide them a bit too well, never to find them again. We were always devastated by the loss. “We didn’t mean to lose them,” we’d think. “And we certainly won’t lose them ...

We All Love Taxes–Hobby Lobby As A Tax Case

We All Love Taxes--Hobby Lobby As A Tax Case
Every morning the great people over at ThomsonReuters’s Checkpoint inundate my RSS feed with tax related court cases and newly passed tax regulation. Reading them all is usually about as exciting as taking an elementary school standardized comprehension tests, with unhelpful headlines followed by rambling gibberish (like today’s disbarred lawyer who claimed the IRS owed him hundreds of billions ...

Obamacare Penalty 2014 Update

Obamacare Penalty 2014 Update
The Congressional Budget Office (CBO) is always good place for incomprehensively large numbers. If anyone knows of a study that shows the point where budget numbers stop losing meaning, please hook me up. For this month’s so-huge-it’s-almost-meaningless report, the CBO has released it’s Obamacare Penalty 2014 update. Before I get into the actual report, here’s a brief background ...

DC Health Insurance Exchange Looking for Tax Revenue

DC Health Insurance Exchange Looking for Tax Revenue
Here’s a conundrum: You’re given millions of dollars to set up a Health Insurance Exchange with the understanding that it must be self-sufficient within a year of use; however, if you charge the users of the Health Insurance Exchange enough to keep the website running, the exchange will go under quicker than a Rolex store ...