David Brooks’ column “Into the mire” discussing proposals for healthcare points out: “The excise tax is one of those ideas health care economists of all stripes love. Currently, we have a perverse tax system that taxes salaries but not health benefits. This exclusion favors the rich over the middle class…
“According to the Congressional Budget Office, taxing health benefits is one of the two most effective ways to bring down health care costs. Plus, it brings in a ton of revenue…
“The White House, to its enormous credit, has tried to think about the long term. But it has been dragged ever lower into the mire by Congressional special interests that are parochial in the extreme.” (more)
WATCHDOG: A wag of the tail.