Taxes, Health Care Penalty | featured news

Can IRS manage to police both taxes and health care law?

Internal Revenue Service Commissioner Douglas Shulman

Can the Internal Revenue Service police President Obama's health care mandate while simultaneously collecting all the taxes for running the federal government? The question is being renewed in the wake of the Supreme Court's decision upholding most of the 2010 Affordable Care Act as a tax issue rather than one of interstate commerce.

 

Obama aide: Health care penalty is not a tax

Health Care Penalty

White House chief of staff Jack Lew repeatedly said today that the penalty for failure to buy health insurance is not a tax, no matter what people are saying about last week's Supreme Court decision. "This is a penalty," Lew said on CNN's State of the Union, one of three talk show appearances he made today. "It's something that only 1 percent of the people who could afford insurance -- (and) who choose not to get it -- will pay."

 

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