Let’s Go Team!

Thursday 17 June 2010 - Filed under Taxation

Let’s hope that Team Mostly-Red can win this battle.  Janet Adamy and Evan Perez via The Wall Street Journal:

The federal government formally responded to the most serious legal challenge to the health-care overhaul, invoking its powers under the Constitution to regulate interstate commerce and impose taxes.

At least 20 state attorneys general, most of them Republicans, have filed suit against the government. The attorneys general, led by Republican Bill McCollum of Florida, say the Constitution doesn’t grant Congress the power to require that all Americans carry insurance.

Under the health-care law, nearly all legal residents who don’t carry insurance will pay a penalty starting in 2014 that gradually increases to at least $695 per person annually or 2.5% of income.

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2010-06-17  »  madlibertarianguy