In less than 2 weeks, we will know whether or not the Supreme Court will hear the case against Obamacare. As it now stands, more than half the states are engaged in that action and it is widely believed that the fate of Obamacare will rest in the hands of the Court.
Before we get to that, a refresher in the issues at hand might be a good thing.
At the heart of the lawsuits regarding Obamacare is the “individual mandate.” That is, of course, the part of Obamacare which makes it mandatory for people to purchase their healthcare from a government approved…government…healthcare provider.
For those who don’t, a fine disguised as a tax will be levied against them at a rate of $750.00 or 2% of income.
I say “disguised” because this is neither an income nor an excise tax – but a punishment or a means of enforcement and while Obama and his administration can call it whatever they want to call it; the fact remains, it is a punishment…Not a tax. Proof of this lies in the fact that the tax…er…Mandate is $750.00 or 2% of income…Whichever constitutes the higher amount.
