House Panel Sees Tax Implications In High Court ACA Ruling

Law360, New York (July 03, 2012, 7:12 PM ET) -- The chairman of the U.S. House of Representatives Ways and Means Committee on Tuesday announced the first congressional hearing to focus on the Supreme Court's health care decision, saying the committee will consider the ruling's implications for the power of Congress to impose taxes.

The court ruled last week that the Patient Protection and Affordable Care Act can stand because the penalty for its individual mandate is a tax, and therefore valid under Congress' taxing powers. The hearing notice suggests that the court's decision increases Congress'...
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