Thursday, June 25, 2015

Supreme Court Upholds Tax Subsidies Under Obamacare

Scalia added, “Words no longer have meaning if an Exchange that is not established by a State is ‘established by the State.’ It is hard to come up with a clearer way to limit tax credits to state Exchanges than to use the words ‘established by the State.’ And it is hard to come up with a reason to include the words ‘by the State’ other than the purpose of limiting credits to state Exchanges.”

http://washington.cbslocal.com/2015/06/25/supreme-court-upholds-tax-subsidies-under-obamacare/

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