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How can the President stop a tax law?
The President has said he'd delay the company fines for not insuring employees for a year. How can the Executive Branch make any changes to tax laws? Taxes are under the sole purview of the Legislative Branch: Congress. ObamaCare fines have been defined as taxes by the Judicial Branch, the Supreme Court. So, how can a tax be changed by the President and who can enforce our national laws in the face of this Administration?
4 Answers
- Anonymous8 years agoFavorite Answer
He can do so (just as almost ALL previous Presidents have done) by Executive Order....
(And Congress can overturn such orders if they can muster a 2/3rds majority vote)
Source(s): The US Constitution. - ?Lv 68 years ago
He allowed them another year to file all the PAPERWORK and he waived the $2000 fines of the ACTUAL corporations affected (see below). It was something that administration officials and the small % of corporations effected had been working to avoid. You ***** about the those fines/taxes/whatever .. saying those company's will have to pay too much for insurance and employees will suffer .. well that didn't happen and now your'e complaining about it?
This ONLY effects Corporations with more than 50 employees and because most were already in compliance we're talking about only 4% of THOSE corporations.
You might want to find some REAL information before you ask a question like this .. you won't look so ignorant.
- KiniLv 78 years ago
The President has nothing to do with implementing the tax penalty. He and the Dept of Health & Human Services which is the federal agency in charge of the insurance plan will delay the implementing that provision of Obamacare until 2015. The IRS will impose the tax penalty in 2015 instead of 2014.