I don't know if this download is free or not, since I didn't actually do the download.
However, this is a point about Obamacare that I heard mentioned long ago, but nobody has focused on it since.
Taxation Without Representation: The Illegal IRS Rule to Expand Tax Credits Under the PPACA
Jonathan H. Adler
Case Western Reserve University School of Law; PERC - Property and Environment Research Center
Michael F. Cannon
July 16, 2012
Health Matrix: Journal of Law-Medicine, Forthcoming
Case Legal Studies Research Paper No. 2012-27
The Patient Protection and Affordable Care Act (PPACA) provides tax credits and subsidies for the purchase of qualifying health insurance plans on state-run insurance exchanges. Contrary to expectations, many states are refusing or otherwise failing to create such exchanges. An Internal Revenue Service (IRS) rule purports to extend these tax credits and subsidies to the purchase of health insurance in federal exchanges created in states without exchanges of their own. This rule lacks statutory authority. The text, structure, and history of the Act show that tax credits and subsidies are not available in federally run exchanges. The IRS rule is contrary to congressional intent and cannot be justified on other legal grounds. Because the granting of tax credits can trigger the imposition of fines on millions of individuals and employers, the IRS rule is likely to be challenged in court.