Pundits Predict Supreme Court Will Strike Down ObamaCare in June: Accurate?
Fef 2012/06/16 01:56:26
Paul Hoffmeister of independent investment research firm Brettonwoods Research predicts that the Supreme Court will decide that Obama's signature legislation the Affordable Care Act violates the Constitutional.
A Supreme Court rejection of the entire ObamaCare legislation would be ultimately be a positive for stocks, particularly the real estate segment which is plagued with a looming 3.8% capital gains tax on real estate transactions beginning in 2013 to help finance the plan, Hoffmeister said.
What the upcoming Supreme Court decision on Obamacare means for the markets and taxes.
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