The Obamacare Mandate Is Not a Tax

By now anyone who is not residing in an unelectrified cabin in the mountains of Montana knows about the firestorm of controversy created by the June 30, 2012 SCOTUS ruling on Obamacare.  What is less obvious is the confusion the ruling has left in its wake.  Most of this confusion has to do with indiscriminate labels bouncing off the walls of public discourse. Here's a shortlist of quotes from media sources that highlight the mandate/tax confusion: "The surprise resolution of our national healthcare drama - the mandate is a tax! - has a kernel of solace for Republican partisans saddened by the constitutionality of Obamacare: The mandate is a tax!" "Individual mandate upheld as tax." "Find the ultimate finesse that manages to uphold the law, but only on the most narrow of grounds -- interpreting the individual mandate as merely a tax, something generally within the power of Congress." "There's been a big dust-up in the media this week as to whether or not Republicans...(Read Full Article)