Republican presidential candidate Mitt Romney has finally conceded that Obamacare, as it stands under the Supreme Court ruling, "is a tax."
ROMNEY: "Well, the Supreme Court has the final word and their final word is that Obamacare is a tax. So it's a tax. They decided it was constitutional. So it is a tax and it's constitutional."
CRAWFORD: "But does that mean that the mandate in the state of Massachusetts under your health care law also is a tax? I mean, you raised taxes as governor."
ROMNEY: "Actually the chief justice in his opinion made it very clear that at the state level, states have the power to put in place mandates. They don't need to require them to be called taxes in order for them to be constitutional. And as a result, Massachusetts' mandate was a mandate, was a penalty, was described that way by the legislature and by me, and so it stays as it was...The chief justice said that states have what's known as police power, and states can implement penalties and mandates and so forth under their constitutions, which is what Massachusetts did. But the federal government does not have those powers, and therefore for the Supreme Court to reach the conclusion it did - that the law was constitutional - they had to find it was a tax, and they did. And therefore Obamacare's a tax. Like it or not, it's a tax."