The Affordable Care Act’s tax on those who do not have health insurance will be modest and difficult to collect. But will it be enough to get people to buy coverage? If not, healthy people may opt out until they get sick, driving up premiums for those who do buy in.
The Affordable Care Act’s tax was the essential final piece of the Supreme Court’s decision to uphold the law’s constitutionality. But in reality, the tax itself is modest, at least to start. It will affect relatively few people be hard to enforce.
July 4th is upon us, complete with fireworks and celebratory picnics in honor of America's independence. Also in honor of American independence, the Reformed Broker has forwarded along some lovely tax facts. Enjoy!
The Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don’t. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.
Retirement saving can seem daunting, especially with the wealth of options out there. Which is best for you? Retirement is question 10 in this week's mailbag.
In the upside-down world of regressive Republicanism, Senator Mitch McConnell thinks proposed legislation requiring companies to disclose their campaign spending would stifle their free speech, a concept Robert Reich finds "bonkers."
Mexican drug trafficking organizations are already operating in an estimated 1,000 US cities, but according to a recent investigation by The New York Times, they are on the racetracks too.