Scott Hodge is president emeritus of the Tax Foundation and the author of “Taxocracy: What You Don’t Know About Taxes and How They Rule Your Daily Life.”
Members of Congress seem to enjoy holding performative hearings more than solving real problems. Witness the recent House Ways and Means Committee hearing on health care costs, where it appeared the purpose was to scold health system chief executives about putting profits before patients. However, Rep. Jason T. Smith (R-Missouri), chairman of the committee, rightly labeled nonprofit hospitals as “hedge funds with hospital beds.”