Wednesday, June 24, 2015

Benefits Of Winning 'King v. Burwell': More Jobs, Higher Incomes & 70M Freed From Illegal Taxes



The media have distorted public perceptions of King v. Burwell by failing to explain that the benefits of a ruling for the challengers would swamp all other effects. According to data presented below and estimates by former Congressional Budget Office director Douglas Holtz-Eakin, the benefits of a ruling for the King challengers include:

  • More than 67 million Americans freed from illegal taxes in the form of ObamaCare’s employer mandate
  • More than 11 million Americans freed from an illegal tax averaging $1,200 (i.e., ObamaCare’s individual mandate)
  • A pay raise of around $900 per affected worker
  • An estimated 237,000 new jobs
  • An estimated 1.3 million workers added to the labor force
  • More hours and higher incomes for 3.3 million part-time workers

The number of people who would benefit from a ruling for the challengers is therefore more than ten times the number who would lose an illegal subsidy.
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