Anyone else burned out on this BS law? Doesn't anyone have anything to share on this crappy law? I wish Nov 6th would come and go, so I can get on with life. Same with 2014.
No posts in almost a week. I'll throw one out: a 300% rise in those paying the penalty, and it only took 2 months to come out with a new number. "No new taxes on the middle class"!! Bullshiat
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Tax penalty to hit nearly 6 million uninsured | BenefitsPro
WASHINGTON (AP) — Congressional budget analysts are now estimating that nearly 6 million Americans — most of them in the middle class — will have to pay a tax penalty for not getting health insurance once President Barack Obama's health care law is fully in place.
That's 2 million more than a previous estimate found, or a 50 percent increase. The average penalty will be nearly $1,200.
Starting in 2014, the new health care law requires virtually every legal resident of the U.S. to carry health insurance, or face a tax penalty. The Supreme Court upheld Obama's law as constitutional after finding that the penalty fell within the power of Congress to impose taxes.
The nonpartisan Congressional Budget Office said Wednesday the penalty will raise $6.9 billion when fully in effect in 2016.
No posts in almost a week. I'll throw one out: a 300% rise in those paying the penalty, and it only took 2 months to come out with a new number. "No new taxes on the middle class"!! Bullshiat
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Tax penalty to hit nearly 6 million uninsured | BenefitsPro
WASHINGTON (AP) — Congressional budget analysts are now estimating that nearly 6 million Americans — most of them in the middle class — will have to pay a tax penalty for not getting health insurance once President Barack Obama's health care law is fully in place.
That's 2 million more than a previous estimate found, or a 50 percent increase. The average penalty will be nearly $1,200.
Starting in 2014, the new health care law requires virtually every legal resident of the U.S. to carry health insurance, or face a tax penalty. The Supreme Court upheld Obama's law as constitutional after finding that the penalty fell within the power of Congress to impose taxes.
The nonpartisan Congressional Budget Office said Wednesday the penalty will raise $6.9 billion when fully in effect in 2016.
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