Obamacare Reality, Obamacare, Tax Reform, Obama News, Obama Watch, Politics

From: http://www.forbes.com

The Obama administration just flip-flopped on a long-standing Barack Obama promise. What’s new about that, you ask? In this case it amounts to what’s likely the largest tax increase in U.S. history.

President Obama has repeatedly asserted that the new health care law’s individual mandate requiring everyone to have qualified health insurance coverage or pay a penalty is not a tax. In a testy exchange with ABC’s George Stephanopoulos–who, ironically, also pushed for sweeping health care reform legislation when he worked for then-President Bill Clinton–Stephanopoulos pointed out that ObamaCare critics call the mandate a tax. Obama rejected the claim and noted that his critics call everything a tax: “For us to say that you’ve got to take a responsibility to get health insurance is absolutely not a tax increase.”