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re: 4th Circuit COA and dissent in Halbig are hilariously wrong about "intent"

Posted on 7/25/14 at 2:58 pm to
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 7/25/14 at 2:58 pm to
quote:


So, if you're now saying that an Exchange can be "created" under sec. 1321 (and isn't just "the mechanism" the Feds use to create a State's Exchange under 1311), then CLEARLY you do not come under sec. 36B as sec. 36B tax credits are only available to an Exchange established by the State under section 1311.



A 1321 exchange is "such an exchange" (a state run exchange).
This post was edited on 7/25/14 at 2:59 pm
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 7/25/14 at 3:01 pm to
quote:

A 1321 exchange is "such an exchange" (a state run exchange).


WRONG. It's an exchange established by and run by the Feds. It's is NOT a state run exchange. "Such an exchange" refers to an exchange established by sec. 1321, within 1321.
Posted by Rex
Here, there, and nowhere
Member since Sep 2004
66001 posts
Posted on 7/25/14 at 3:02 pm to
MMauler is hilarious, I'll give him that.
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