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Detailed text transcripts for TV channel - MSNBC - 20120628:17:07:00

Benefits you can get prosecuted for that. that s the direction where they re going there. back to the mandate question. you know, oneç of the things that s been sort of puzzling throughout all this is, okay, if you didn t pay the tax, then what? there was a suggestion from some supporters of the law that it had no teeth in it. that even if you didn t pay the tax, you couldn t be prosecuted. well, there is a footnote in today s decision that says this is like any other tax. and you can be penalized if you don t pay the tax. what the footnote says is you have a choice. you can buy insurance or pay the penalty which amounts to a tax. then it says what an individual may not do is not buy insurance and not pay the penalty. so the court is pretty clearly saying that if you choose not to buy insurance, that s your choice, but you have to pay the penalty and if you don t, then the irs can come after you. so that s a clarification. of course, the white house went to such lengths to say this ....

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