A tax or not a tax, that is the question

 

~ Under the Affordable Care Act (ACA), individuals who choose not to buy health insurance in 2014 or after will need to make a “shared responsibility payment,” which is called a “penalty” in the ACA.

~ While I agree with most of the Court’s holdings, I do not agree with the finding that the penalty is a tax and is therefore constitutional.

 
~ In my opinion, the Supreme Court’s ruling on the ACA is unfortunate, as it could legitimize less transparency in legislating rather than more…. Continue at source:

A tax or not a tax, that is the question

Avoiding work is hard work

Global stocks across Asia, Europe, and the U.S. slumped today, ahead of a European Union summit this Thursday and Friday. Some analysts are concerned that the summit could lead to an impasse and underscore divisions in Europe, particularly between Germany and France.

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Avoiding work is hard work