View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread Upon The Water who wrote (135823)	4/6/2010 12:34:07 AM
From: TimF	Read Replies (1) of 543153

It wasn't passed as a tax, but as a mandate with a penalty. I think its pretty clear the courts would find no problem with it if it was a general tax of the penalty amount with a tax refundable tax credit for buying insurance, even just a tax on not having insurance might pass muster, (or might be considered a criminal penalty framed as a tax, which would I think be a reasonably finding, but if there is any way to possibly square this with the constitution I think the courts will give it the benefit of the doubt, so if it was written as such a tax it would probably stand.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next