The mandates are probably unconstitutional.
I don’t think tax credits are unconstitutional up to the amount a person pays totally in all taxes.
If I pay 40,000 in a few days for tax, and someone sends me 10,000 back, that doesn’t strike me as unconstitutional.
I’d prefer they save a step and simply let me lessen my check by 10,000, but you get the point.
They are saying you can exclude health care costs from your taxes.
Personally, I think all living expenses should be excluded from taxable income. Only family profit should be taxed.
That would quickly get them to looking at a sales only tax. Hahaha
I think they’re putting in a refundable tax credit, ie, a payment from the U.S. treasury directly to people (not necessarily even citizens) whether they’ve had a tax liability or not that they’re supposed to use to buy insurance. It’s a federal welfare check and is unconstitutional meddling.
A tax deduction for health insurance premiums would probably pass constitutional muster if there are no mandates or strings attached (until we repeal the 16th amendment and abolish the income tax, that is).