In February Michigan Governor Snyder, in his budget, proposed to raise much needed revenue through increases (called “adjustments”) in personal income taxes amounting to $1.7 billion dollars. This “adjustment” to personal income taxes (tax increase) is necessary, says the Governor, because Michigan is in a financial crisis and faces a significant budget deficit, and we must make “shared sacrifices,” which…
Category: Current Events
Being Forced to Buy Insurance Is Like Being Forced to Buy Broccoli
On Jan. 19, I heard a politician on NPR compare the individual mandate to purchase insurance coverage to being "forced to buy broccoli or join a gym." This "individual mandate" is an important provision of the Affordable Care and Patient Protection Act, which all Republicans in the U.S. House voted to repeal this week. I pondered this. Yes, buying and…