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It is the largest tax increase in US history (I have no clue whether it's the largest tax increase in world history). That being said, I agree that Rush is a comedian and should not be taken seriously.
The only thing I found regarding taxes are these lines:
Quote:
The median U.S. family income is about $50,000. Family health coverage can easily run $20,000 a year — and rising quickly. In that scenario, the coverage mandate is essentially a 40 percent tax on that family, which is now required by law to ensure that every family member has qualifying coverage.
If the senario is true (20k/year insurrance for a family making 50k), they fall under this category:
Quote:
The hardship exemption to the mandate is extremely limited. To be exempt from the insurance requirement, someone would have to be facing insurance premiums at least equal to 8 percent of his or her income
So they won't have to buy insurance nor will they have any penalty. So no this case would not be a tax increase nor will this families situation be different before or after the law.
Looks like the GOP's attempt to spin it as tax is taking hold.
Nobody called it a tax until CJ Robert's did. Next up? It'll be an Obama tax!
Yes - it is a tax. If it's a fine, then it's unconstitutional.
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