Did High Court Just Do Romney a Solid?

The Supreme Court ruling may look like a win for President Obama, but when all is said and done, it could be a much bigger win for Mitt Romney.

That’s the analysis from Ed Mills of FBR who believes right into the election, the Supreme Court ruling will remain in the headlines - with the reason behind the decision getting a lot of attention.

The President’s health care reform was not upheld by the court as sound policy but rather ruled valid under Congress' constitutional authority "to lay and collect taxes." (Click here to read the entire ruling.)

Mills believes the most important word in that statement is taxes. The ruling increases taxes.

“For the GOP it is manna from heaven to call this a tax,” says Mills. “Republicans know how to message tax issues and I don’t see Democrats wanting to defend a tax."

Mills goes on to suggests that the decision may help Romney gain a foothold, at a time when the GOP presidential candidate is badly in need of one. Mills thinks repealing the legislation - especially the controversial individual mandate will with resonate with voters.

“What the decision does is energize the base of the Republican party. It gives the GOP every reason to get out to the polls and not only elect Romney president, but elect a Republican president to work with him.”

Immediately following the court decision, Romney vowed that if elected president his first order of business would be to repeal Obamacare, officially known as The Affordable Care Act.

“Although the decision today may be a great win for President Obama’s legacy it’s a big loss for his re-election campaign,” says Mills.

Posted by CNBC's Lee Brodie

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