Tax Law

White House still avoiding calling healthcare mandate a tax – Los Angeles Times

… survival to the Supreme Court’s finding – authored by Chief Justice John Roberts – that the act’s individual mandate is, in fact, a tax, and therefore constitutional. But while the White House cheered the ruling, the administration is …

Tax Fraud – If You Are Not Going To Listen To Advice Better You Don’t Ask – Forbes

It was just a misunderstanding about the tax laws: “The kingdom of God is not run on generally accepted accounting principals [sic],” Hinson said during closing arguments. “Thank God. If it were, we’d all be in trouble. Neither Bishop …

McConnell, White House Debate Whether Health Law Is Tax – Wall Street Journal

Is it tax or not? The Obama administration and Republicans battled on the Sunday morning talk shows over whether the health-care law largely upheld by the Supreme Court last week amounts to a tax. Senate Minority Leader Mitch McConnell (R.

The Tax Implications Of The Roberts’ Decision Are Just Starting To Sink In – Forbes

For a start, let the House Ways and Means Committee, where tax laws originate, organize immediate hearings to review the scope, reasoning, and implications of John Roberts’ assertion of taxing authority. Most important, Ways and Means should …

Carbon Polluters, Coal Miners Pay in Australian Tax Overhaul – Bloomberg

Gillard’s law creates a new tradable commodity. Each permit carries the right to emit one metric ton of greenhouse gases in Australia. While a fixed price on carbon is different from a tax, which is used in some Scandinavian countries … Continue reading

Obama Aide Rejects ‘Tax’ Label for Health Care Law – New York Times Blogs

WASHINGTON – Jacob J. Lew, the White House chief of staff, on Sunday defended President Obama‘s health care law but rejected the “tax” label that the Supreme Court, in a ruling last week that mostly upheld the law, used to describe …

Pelosi almost calls health law penalty a tax – Politico.com

House Minority Leader Nancy Pelosi conceded in an interview aired Sunday that a key penalty in the health care law is assessed under the tax code – nearly calling the fee a tax, too, before stopping mid-word. “It’s a penalty … Continue reading

Lew: Health Care Law Not a Tax, ‘It’s a Penalty’ – YAHOO!

White House Chief of Staff Jack Lew made it clear on Sunday that the White House doesn’t yet have an argument to counter the main Republican attack on President Obama’s health care law. Though the law was upheld by the … Continue reading

Despite Ruling, Jack Lew Refuses to Call Mandate a Tax – ABC News

But in my interview this morning on “This Week,” Lew refused to acknowledge that it was a tax, saying, “The law set it up as a penalty for the people who make that choice. The court found it constitutional. Frankly … Continue reading

Despite Ruling, Jack Lew Refuses to Call Health Care Mandate a Tax – ABC News

But in my interview this morning on “This Week,” Lew refused to acknowledge that it was a tax, saying, “The law set it up as a penalty for the people who make that choice. The court found it constitutional. Frankly … Continue reading