June 26, 2015
McGuireWoods partner and McGuireWoods Consulting Senior Advisor Russ Sullivan
was as a featured guest on “The Last Word with Lawrence O’Donnell” on Thursday, June 25, 2015, for a segment discussing the U.S. Supreme Court’s decision
in King v. Burwell.
June 25, 2015
The Supreme Court’s highly anticipated decision in King v. Burwell, 576 U.S. __, ___(2015), confirms the availability of tax subsidies for individuals who purchase their health insurance on an exchange created by the federal government, continuing the ability of eligible individuals in 37 states to obtain subsidies despite the lack of a state exchange.
June 23, 2015
NUMBER OF THE WEEK: $3 Trillion.
The projected addition to the federal deficit over 10 years if Republican presidential hopeful Rand Paul’s flat-tax
proposal went into effect,
according to a Tax Foundation analysis
of the plan. Paul has said he would cut spending to prevent deficit increases. His 14.5 percent flat-tax for corporations and individuals has also been
criticized for hurting middle-income earners while reducing taxes for those with high incomes. Paul claims it would send the economy into overdrive,
helping earners at all levels.
June 22, 2015
This Week: Leading Up to the SCOTUS King v. Burwell Decision... House Votes to Repeal the Medical Device Tax... CMS Announces It Will Bolster Transitional Reinsurance Payments... MedPAC Releases June Report to Congress