DYSPEPSIA GENERATION

We have seen the future, and it sucks.

It’s a Penalty … It’s a Tax … No, It’s SUPERMANDATE!

17th December 2010

Megan McArdle kicks over a rock.

So the latest talking point I’m seeing is that the individual mandate is no big deal–just a tax dodge like we’ve always had.  The government is raising taxes, and then giving a deduction of equal size to those who buy health insurance.  Why the fuss?

Well, for starters, this is not what they wrote in the law.  They called it a penalty.  Now they’re worried that maybe their Commerce Clause powers aren’t quite as great as they thought, suddenly it’s a tax.

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