It absolutely is NOT a tax, the president told ABC News. Uh…except when it is:
When Congress required most Americans to obtain health insurance or pay a penalty, Democrats denied that they were creating a new tax. But in court, the Obama administration and its allies now defend the requirement as an exercise of the government’s “power to lay and collect taxes.”…
Administration officials say the tax argument is a linchpin of their legal case in defense of the health care overhaul and its individual mandate, now being challenged in court by more than 20 states and several private organizations.
Just so we’re clear: Sarah Palin’s a moron for misspeaking and saying “refudiate,” but Barack Obama’s a genius because he doesn’t know what “tax” means. Have I got that right?
We’re talking about this on our new FB page right now!
“If a young adult cannot produce enough of value to justify being paid a living wage, nothing we do to the minimum wage will help. He, the institutions which trained him and the society in which he lives, have far bigger problems."
--Economist Tim Harford 
