Obamacare Survives the Supreme Court

Published on: 10:02AM Jun 28, 2012

The Supreme Court just issued their ruling stating that Obamacare is partly constitutional and partly nonconstitutional, but the constitutional right of Congress to levy taxes trumps the Commerce Clause.

This was an extremely tight 5-4 ruling, with Chief Justice Roberts siding with the four more liberal justices.

For now, the most immediate effect facing farmers is the imposition of the Medicare surtax on earned income and unearned income starting Jan. 1, 2013.

Even if Romney gets elected, any repeal of this will happen after Jan. 1, and who knows if it would affect this part of the bill or not.