In his words, the “essential feature of a tax” is that it raises money. Seven months from now, Obamacare won’t. Live by $1 in revenue, die by $0 in revenue
Obamacare’s constitutionality ends when its tax ends
WASHINGTON, D.C. — The constitutionality of Obamacare is an issue again.
Six years ago, a closely divided U.S. Supreme Court upheld the statute in NFIB v. Sebelius, but the Tax Cuts and Jobs Act of 2017 had an important effect—whether or not intended—on Obamacare’s constitutionality.
Obamacare requires insurance companies to cover pre-existing illnesses and injuries. That’s an expensive proposition.