One of the few bright spots in last week’s Supreme Court ruling on President Obama’s health care overhaul was a political one: The opinion written by Chief Justice John Roberts argues that Obamacare is constitutional under the taxing powers of Congress. The Obama administration’s advocate before the Court, Solicitor General Donald Verrilli, made this case during oral arguments, and Roberts bought it. The decision, in a sense, formalized what many conservatives had long argued: The Obamacare tax is a tax.
Just a couple of days ago, one heard dark talk about the partisan, right wing Supreme Court and how, if it overturned Obamacare, it would be engaging in something like a "coup." Today, no less an expert in the ways of partisanship than Robert Shrum is declaring that “the Roberts Court will be seen and remembered as more than an ideological rubber stamp.”
In February the Obama administration's acting director of the Office of Management and Budget, Jeff Zeints, told the House Budget Committee that the penalty for not purchasing health insurance under Obamacare is not a tax. Watch below:
The National Organization for Marriage (NOM), a pro-traditional marriage organization, alleges that confidential tax forms were either leaked or stolen from the IRS and illegally distributed by its opponents to the media.
A few months ago, when President Obama proposed to restrict the deductibility of charitable contributions made by relatively well-off Americans, I asked why Obama is so opposed to having money go directly to the needy, rather than having it first be filtered through the government.
Rick Perry has a new ad showcasing the support of prominent conservatives like Steve Forbes and Rush Limbaugh for his economic plan. WEEKLY STANDARD senior writer Steve Hayes makes a (vocal) appearance:
Barack Obama has said that raising taxes in a struggling economy is “the last thing you want to do,” but for some Democrats on Capitol Hill raising taxes is a top priority. A proposal from Democratic members of the House Ways and Means Committee obtained by THE WEEKLY STANDARD favors raising top marginal income tax rates to nearly 50 percent.
A new study by economists Diana Furchtgott-Roth and Harold Furchtgott-Roth shows that one provision of Obamacare, a 2.3 percent excise tax on medical device manufacturers, could cause significant job losses—over 43,000, according to the report—in the industry. The whole report can be read here, but here are some of the study’s major findings (emphasis added):