Surprise, Surprise! Housing Industry Asking for More Tax Credits

Republican Sen. Johnny Isakson, who represents the National Association of Realtors in Congress (oh, I mean the state of Georgia), is now asking to expand the homebuyer credit as well as extend it, according to the Wall Street Journal.
Isakson proposes to make the credit available to all homebuyers, not just first-time homebuyers, as well as [...]

Obama and the Health Tax Exclusion: Are His Lips Moving?

President Obama appears to be ever-so-slowly backing away from his hard-edged campaign opposition to capping the $246 billion employer-sponsored insurance tax exclusion as a way to help pay for health reform.
It’s the typical Washington dance. First, on June 2, the President met privately with two dozen Senate Democrats to talk about health reform. Senate [...]

Should patients be paid to promote drugs?

The story of Andy Behrman made the news a few weeks ago, most notably in The Wall Street Journal.
Apparently, he was a bipolar “celebrity patient,” and was paid $400,000 by Bristol-Myers Squibb for promoting their drug, Abilify.
Things quickly went sour, as Mr. Behrman was afflicted with the drug’s side effects, which included “dazed spells and [...]

Small Firms Face Choice Between Health Coverage and Jobs

After seeing its health-insurance premiums increase to more than $800 a month per employee from about $200 five years ago, Commerce Welding & Manufacturing Co. decided to drop coverage in December, marking the first time in the 64-year-history of the Dallas sheet-metal company that it has lacked health insurance.
“If I think about it, I can’t [...]

Tracking the Flu Outbreak: Tuesday

This live blog will track developments Tuesday related to the outbreak of the new H1N1 flu, from The Wall Street Journal, Dow Jones Newswires and other news services. For more coverage of the flu, see the WSJ.com Flu Outbreak page and the WSJ.com Health Blog.
To see other daily editions of this live blog, please bookmark: [...]

Abraham Verghese on the KevinMD Live Q&A: Monday, May 4th at 10:30pm Eastern

Abraham Verghese will be answering your questions at my next live Q&A.
Dr. Verghese, a Professor for the Theory and Practice of Medicine at the Stanford University School of Medicine, is one of the most accomplished and admired physician educators today. His pieces have appeared in The New York Times and The Wall Street Journal, [...]

Tracking the Flu Outbreak: Saturday Edition

This live blog will track developments Saturday related to the outbreak of the new H1N1 flu, from The Wall Street Journal, Dow Jones Newswires and other news services. For more coverage of the flu, see the WSJ.com Flu Outbreak page and the WSJ.com Health Blog. As of 4:30 Saturday, the blog is now on [...]

Tracking the Flu Outbreak: Friday

This live blog will track developments throughout Friday related to the outbreak of the new H1N1 flu, from The Wall Street Journal, Dow Jones Newswires and other news services. For more coverage of the flu, see the WSJ.com Flu Outbreak page and the WSJ.com Health Blog. Also, see yesterday’s live blog and track human cases [...]

Tracking the Swine Flu Outbreak: Wednesday

This live blog will track developments throughout Wednesday related to swine flu, from The Wall Street Journal, Dow Jones Newswires and other news services. For more coverage of the flu, see the WSJ.com Swine Flu page and the WSJ.com Health Blog. Also, see yesterday’s live blog and track human cases of swine flu with WSJ.com’s [...]

What Will the Estate Tax Be on Jan. 1, 2010? Dunno.

Few taxes undermine the tax principle of stability more than the federal estate tax/death tax. When someone asks us what the rate is, we have to give them this table:

Year

Rate and Exemption Amount

2001

55% over $675,000

2002

50% over $1 million

2003

49% over $1 million

2004

48% over $1.5 million

2005

47% over $1.5 million

2006

46% over $2 million

2007

45% over $2 million

2008

45% over $2 [...]

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