"There are two Affordable Care Acts. There's the legislation passed by Congress in 2009, and then there's the mythical Affordable Care Act – the perfidious 'government takeover' decried and demagogued by so many conservatives (and quite a few liberals). The former is quite popular, the latter gets decidedly mixed reviews."
Individual Mandate Would Impose High Implicit Taxes on Low-Wage Workers
In studying the House and Senate health care bills, Michael Cannon found that Obamacare would affect the wages of the poor as well as the wealthy. According to Cannon, the individual mandate would discourage hard work and economic progress. Cannon also notes that the structure of Obamacare will naturally cause "healthy people ... [to] abandon ... insurance pools," while "premiums will rise for those who remain."
More About This Topic...
Click thumbnails below to view links