Today, the Supreme Court heard oral argument on whether or not Obamacare's individual mandate is a tax, or a penalty. This matters, because if the mandate is a tax, the suit has to be thrown out. (You can't sue the government about a tax until the tax goes into effect, whereas you can for a penalty. The mandate doesn't go into effect until 2014.) In this post, I provide rapid reaction.

pubblicato il: 26/03/2012 - 18:55