Tax Law

Democrats may avoid calling ObamaCare mandate a tax, but comparisons to RomneyCare come easy – FOX News

The lawyers, when they got to court, sure wanted to call it a tax because they realized that that was a better legal argument. VAN HOLLEN: My point is, whatever you want to call it, the device is the same … Continue reading

French tax grab could breach EU law – Daily Telegraph

The taxes could also cause house prices to slump in France as Britons will be reluctant to buy or sell houses, property experts said. Around 200,000 British people own second homes in areas such as Normandy, Brittany and the Loire … Continue reading

Editorial: Tax vs. penalty is the wrong debate – Denver Post

Just because the Supreme Court has said the Affordable Care Act’s individual mandate to buy health insurance is a tax doesn’t mean he should adopt the thesis as a campaign theme. Before last week’s court ruling, Romney didn’t believe the … Continue reading

Romney in balancing act on health law ‘tax’ – Channel NewsAsia

WASHINGTON: Republican White House hopeful Mitt Romney has appeared to contradict previous campaign statements by saying President Barack Obama’s health reform law entails a “tax” and not a penalty. Romney, who enacted a similar healthcare …

Romney in balancing act on health law ‘tax’ – France 24

AFP – Republican White House hopeful Mitt Romney has appeared to contradict previous campaign statements by saying President Barack Obama’s health reform law entails a “tax” and not a penalty. Romney, who enacted a similar healthcare overhaul …

Obama lawyer: Mandate functions ‘as a tax law’ – Washington Examiner

Two spokesman for President Obama — White House spokesman Jay Carney and campaign spokesman Ben LaBolt — both said Thursday that the president disagrees with the Supreme Court’s ruling that the individual mandate in Obamacare is a tax. “Look, it … Continue reading

Crowdfunding Tax Break Petition – Initial Crowd Offering, Inc. Urges Congress to Provide Tax Incentives to Help Launch the CROWDFUND Act – Houston Chronicle

Petition Congress for tax breaks on the middle class and to accelerate job creation in the United States. We the People urge Congress to provide tax breaks to the middle class. Crowdfunding investors should have the right to immediately deduct … Continue reading

Tax or penalty? Romney’s evolving statements irritate conservatives – Los Angeles Times

In addition, the law stipulates the penalty will not apply to the uninsured … and the dissent clearly stated that the mandate was not a tax.” On Wednesday, in what appeared to be damage control, Romney gave an interview to … Continue reading

‘Obamneycare’ Revisited: Tax Penalties Most Similar Part, Expert Says – NPR News

Tim Pawlenty, now believed to be on Romney’s running mate short list, tagged the Massachusetts law “Obamneycare.”) Now that the Supreme Court has weighed in, finding Obama’s plan constitutional by viewing the mandate as a tax, constitutionally …

‘Obamacare’ tax furor losing sight of some key points – msnbc.com

By 2016, the Affordable Care Act requires most Americans who don’t buy insurance to pay a penalty of $695 for each uninsured adult in the household, or a percentage of household income, (2.5 percent of the amount of income over … Continue reading