The Supreme Court of the United States called the individual mandate what the President refused to call it -- a "tax."
U.S. SUPREME COURT: “…the shared responsibility
payment may for constitutional purposes be considered a tax… read as
imposing a tax on those who go without insurance.”
According to CBO,
75% of the individual mandate penalty (oops -- tax) falls on those making less than
The individual mandate was already unpopular, and so will this tax increase on Americans who can't afford insurance. President Obama will have to defend both.
Karen Kerrigan, President & CEO