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But I thought health reform was supposed to save money!

July 29, 2009

Congress is in a frenzy to find money to pay for health care "reform." Taxes on everything from Botox to insurance companies to "Cadillac" insurance plans are in play (Now that the government owns GM, you'd think they'd like Cadillacs).

Back in campaign season, we heard all about how painless health care reform would be. Everyone would get wonderful insurance, nobody would have to pay, and it would save money. If it's saving money, why do we need new taxes? We should be able to pay for it with fairy dust and unicorns eggs.

More from Tax Policy Blog and TaxVox. The TaxProf has a roundup.