I assumed that the U.S. Congress would find constitutional justification for mandating the purchase of health insurance. Now I read and hear they justify penalizing individuals, (as opposed to enterprises that fail to subsidize their employees insurance), as federal regulation of interstate commerce. That shouldnt fly.
[I digress to mention that all taxes on employers are in effect a sales tax for imbedded labor expenses passed on to customers and (unlike a sales tax) it also inhibits job creation and hiring, thus affecting the median wage].
It could have been drafted and justified not as a penalty but as a tax credit only granted to those purchasing qualified medical insurance.
My preference would be a federal subsidy of insurers for their per capita qualified primary medical insurance policies.
I would have of course preferred that governments net medical insurance expenses could have been partially funded by eliminating some of our tax inequities and enacting a federal sales tax. We all favor elimination of unnecessary government spending but we all have differing opinions as to what is and what is not necessary.
Respectfully, Supposn
[I digress to mention that all taxes on employers are in effect a sales tax for imbedded labor expenses passed on to customers and (unlike a sales tax) it also inhibits job creation and hiring, thus affecting the median wage].
It could have been drafted and justified not as a penalty but as a tax credit only granted to those purchasing qualified medical insurance.
My preference would be a federal subsidy of insurers for their per capita qualified primary medical insurance policies.
I would have of course preferred that governments net medical insurance expenses could have been partially funded by eliminating some of our tax inequities and enacting a federal sales tax. We all favor elimination of unnecessary government spending but we all have differing opinions as to what is and what is not necessary.
Respectfully, Supposn