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“January is here, with eyes that glow,A frost-mailed warrior Striding a shadowy steed of snow.” Edgar Fawcett (1847-1902)
The first of January can be seen as the day to celebrate the American Bar Association’s (ABA) “Full Employment Act.” Fifty-five tax breaks expired at the end of December, but lawyer-lobbyists will of course be out in force getting them re-instated. New taxes went into effect on January 1, including a flat 2% tax on all health insurers, which is expected to raise $8 billion to help offset costs of ObamaCare. There was a $2.00 per policy fee that will fund a new federal bureaucracy called the Patient Centered Outcomes Research Institute and a 3.5% user fee to sell health plans on the HealthCare.gov website. These taxes and fees will be passed on in the form of higher premiums. The 40% tax on the so-called Cadillac plan (higher cost health plans) will not go into effect until January 1, 2018, when the current occupant of the White House is elsewhere.
An estimated 40,000 new laws, both state and federal, were added to the roles on the first day of the year, providing additional income to needy lawyers. The new laws include such critical rules as making bathrooms in California schools available based on “gender identity,” the banning of sharkskin soup in Delaware, and making it illicit, in many states, to stock incandescent light bulbs. And people wonder why morals are dissipating and the economy has been so anemic! Does anyone think that the President and his wife would find it okay if the Sidwell Friends School opened the girls’ bathrooms to fifteen year-old boys who had decided that for the moment they were gender confused? Are there not bigger problems facing America than 60-watt light bulbs?