[KarlInOhio]

The Obamacare individual mandate tax was only $95 in 2014. In 2015 it bumps up to $325, in 2016 to $695.

That's the minimum. In most cases it will be 1% of the household income in 2014, 2% in 2015 and 2.5% in 2016. So for someone with the national median income of $52,000 the fine/fee/penalty/tax (check with Chief Justice Roberts for today's characterization) will be $520, $1040 and $1300 rather than the much lower amounts typically cited in the news.

[Sirius Lee]

So for someone with the national median income of $52,000 the fine/fee/penalty/tax (check with Chief Justice Roberts for today's characterization) will be $520, $1040 and $1300

The *cough* tax is still far cheaper than the average annual premium. Heck some people pay more MONTHLY than the tax.

And since it is a tax, why can't Congress simply cut the tax rate to one penny?