Sunday, July 01, 2012

How Much Is the Obamacare ‘Tax’?

The Obama campaign is still claiming that the Obamacare tax is not really a tax even though the IRS has been charged with collecting it. From FactCheck.org, an independent, non-partisan organization:

How much will the “tax” penalty be for going without health insurance?

A: The minimum assessment will be $695 per person (but no more than $2,085 per family) in 2016, when fully phased in. The amount can be higher depending on income. But there are exemptions for low-income persons and others.

How Much Is the Obamacare 'Tax'?

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