Unbiased Analysis of Today's Healthcare Issues
Of course they should! Non-profit hospitals treat the poorest patients in the most underserved communities using a bare bones administrative budget…right? According to the New York Times (“Nonprofit Hospitals Face Scrutiny Over Practices“), the traditional view of non-profit hospitals as altruistic institutions may be flawed. The commissioner of internal revenue, Mark W. Everson, said tax…
H&R Block, one of the largest tax services businesses in the United States, has incorrectly filed its taxes in 2003 and 2004. The tax error understated H&R Block’s tax liability by $32 million. Oh the irony!!! Check out the complete article in BusinessWeek (“H&R Block falls on 3Q results, tax issue“).
Passed in 1978, Proposition 13 was a ballot initiative to amend the state constitution to limit property taxes to a 1% of a homes value. The amendment also capped the annual growth rate in property value assessment at 2% per year until the house is resold. Â William Fischel (1989) argues in âDid Serrano Cause…
One key parameter of interest to policymakers is the firms elasticity of offering health insurance with respect to price. This is an important question because the current tax exemption of employee compensation in the form health insurance in essence changes the price of health insurance. A large—in absolute value—elasticity would imply that the tax subsidy…
Conventional Wisdom holds that financial aid helps poor students afford higher education. This is certainly true. However, does financial aid truly help the entire distribution of poor families in the United States. A study by Hansen and Weisbrod in their 1969 book Benefits, Costs and Finance of Public Higher Education seeks to analyze how financial aid is distributed…
In the United States today, many employees receive compensation in the form of health insurance in addition to pecuniary remuneration. Health insurance, however, is tax deductible when it is received from an individual’s employer while wages are not. A Health Affairs report shows that this tax expenditure from excluding health insurance from the federal income…
Massachusetts has proposed a health care bill which four major components: Mandatory insurance for all Massachusetts residents Firms who do not offer insurance to their employees are subject to a payroll tax of: 5% for firms having between 11 and 100 employees and 7% for firms having over 100 employees. Firms employing 10 employees or…