On Thursday morning the U.S. Supreme Court upheld President Obama’s Affordable Care Act (also known as the Individual Insurance Mandate & ObamaCare), 5-4.The ruling declared it constitutional for Co...
ngress to require every American citizen and legal resident to maintain minimum essential health coverage or else be subject to a penalty/tax. Yes… A “penalty/tax”.
The Supreme Court ruling found the Individual Insurance Mandate constitutional by calling the mandate a penalty, for purposes of the “Anti-Injunction Act”, and a tax, for purposes of Congress’s constitutional taxing powers. This infographic explains how the Supreme Court arrived at this decision.
Infgraphic by PWM - Private Wealth Management ( VISIT US ONLINE: www.pwm-nj.com )
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