Reducing the health-care tax

Source: Jared Bernstein & Dean Baker, Washington Post (Paid Registration)

One of most enduring, economically and socially damaging, downright frustrating facts about life in the United States is how expensive health care is here.

Princeton economists Anne Case and Angus Deaton (a Nobel winner) recently summarized the problem by labeling it an $8,000-a-year annual health-care tax paid by U.S. families. This is the difference in costs between what we pay for health care and what people in other countries pay.

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