For decades, Washington has been engaged in an expensive "War on Drugs," yet has seen little success. However, if lawmakers focused on different aspects of the issue, there could be real change on the horizon.
The Affordable Care Act’s employer mandate will take full effect on January 1, 2016. The mandate stipulates that businesses with fifty or more full-time workers must cover their employees’ health insurance or pay a substantial fine. The administration’s ongoing scramble to delay and adjust the law foreshadows the damage that President Obama knows it will impose on the economy. Here are three reasons why Congress should pass a bill getting rid of this onerous law and send it to the president for his signature.
Black markets and other forms of tax avoidance emerge when consumers want to purchase a heavily-taxed product. High cigarette tax rates may affect smoking rates, but may also lead to tragic incidents such as the death of Eric Garner.
Although the Supreme Court decided to uphold the Affordable Care Act in King v Burwell, that does not negate the fact that the act has been an economic failure. American business have been saddled by burdensome regulations and have subsequently slowed the hiring of new workers. Additionally, young Americans have been left to subsidize the higher premiums of older, wealthier people.