Health Insurance as a Tax Break
In the Supreme Court's ruling on the Affordable Care Act (ACA) today, the court upheld the individual mandate provision today viewing it as a tax. The ruling stated that while Congress could not require people to buy insurance, Congress could tax people who did not buy insurance. From another perspective, instead of looking at the individual mandate as a tax on those who do not buy insurance, it is a tax break for those who do buy insurance. This would be similar to tax breaks people receive for going to college, donating to charity, and buying a home. Obviously Congress cannot Continue reading Health Insurance as a Tax Break