The difference between a penalty and a discount

Sundial

Class Warrior
Aug 1, 2011
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As a business owner, I know that people have a strong reaction to terminology. For example, people don't like it if you charge extra for using a credit card. Offering a discount for cash, on the other hand, is ok.

What difference does it make? Either way, using a credit card costs an extra 3%.

But it makes a difference, someway.

In retrospect, I imagine Obama regrets framing the mandate as a penalty for people who are uninsured, rather than as a tax credit for those who get insurance.

Then the Republicans would've been happy about it. Wouldn't they?
 

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