Promises, promises

“I can make a firm pledge under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.” (Video here)

–Barack Obama, September 2008.

The individual mandate, which amends the Internal Revenue Code, is not actually a mandate at all. It is a tax. It gives people a choice: they can buy health insurance or they can pay a tax roughly equal to the cost of health insurance, which is used to subsidize the government’s health care program and families who wish to purchase health insurance. (NY Times blog)

–Jack Baldwin, Constitutional Law Professor

2 thoughts on “Promises, promises

  1. Call it a tax if you want to but if it is a tax, it is a tax that specifically targets deadbeats who would rather get free health care that I eventually pay for through higher medical costs. I’m good with that.

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