posted on Aug, 28 2013 @ 11:54 PM
MODS, please delete if there is another thread, I used the search option.
OK, That's right, the IRS has the rules on how much your going to pay the Government for not having Healthcare Coverage.
No, No, No, Not A Tax,,,,, Obama Promised YOU:
You're not being Penalized!!!!
Like you people believed him
A centerpiece of Affordable Care Act, also known as Obamacare, is a requirement that all individuals carry some minimum health insurance or pay a
tax. The new system aims to provide insurance through state marketplaces and subsidies for tens of millions of Americans who lack it.
Yes, All individuals and your wife, husband and kids,,, too!
Or,,, you'll be paying,,, OH, but it's not a TAX! Just Ignore The IRS.
If individuals choose not to carry insurance, they are subject to a penalty, starting at $95 per person per year or 1 percent of income in 2014,
whichever is greater, and eventually reaching $695 per person or 2.5 percent of income by 2016.
TextThe IRS, which is administering parts of the law involving revenue collection, released the final rules spelling out the details of what
constitutes minimum essential coverage, and how individuals are responsible for spouses, children and other dependents, among other
The individual mandate is distinct from the employer mandate, which imposes a fee on most large employers that do not offer a minimum level of
coverage. The Administration delayed that provision, putting off the effective date until 2015.
edit on 28-8-2013 by guohua because: (no reason
edit on 28-8-2013 by guohua because: (no reason given)