* REVIEW & OUTLOOK
* SEPTEMBER 21, 2009
Obama’s Nontax Tax
On a Sunday show, the President offers a revealing definition.
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“Mr. Obama: “My critics say everything is a tax increase. My critics say that I’m taking over every sector of the economy. You know that. Look, we can have a legitimate debate about whether or not we’re going to have an individual mandate or not, but . . .””
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If I can’t avoid it, then it’s a tax. Call it a “mandate”. Call it a “penalty”. Call it the “tooth fairy”. The IRS will ensure you pay it. If that’s not a “tax”, I don’t know what is!
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