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Four Million Americans To Pay ObamaCare Fine In 2016
IBD's Capital Hill ^ | 4/22/2010 | David Hogberg

Posted on 04/22/2010 12:22:45 PM PDT by Slyscribe

AP reports that “4 million Americans — the vast majority of them middle class — will have to pay the new penalty for not getting health insurance when President Barack Obama’s health care overhaul law kicks in, according to congressional estimates released Thursday. The penalties will average a little more than $1,000 apiece in 2016, the Congressional Budget Office said in a report.”

Penalties will be phased in from 2014. By 2016, the fine will be $695 or 2.5% of household income, whichever is greater. More than a dozen states are challenging the individual mandate in federal court as unconstitutional.

(Excerpt) Read more at blogs.investors.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: bho44; bhofascism; democrats; healthcare; mandates; obama; obamacare; taxes
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To: Slyscribe
Household income eh? Sounds like another round of “unintended consequences” to help destroy the family structure.
21 posted on 04/22/2010 1:00:14 PM PDT by Mark was here (Fighting for freedom is never easy, especially when your enemies are merely fighting for free stuff.)
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To: GeronL

Probably 40-million min.. I won’t pay a penny of it.


22 posted on 04/22/2010 1:01:44 PM PDT by MaxMax (Conservatism isn't a party)
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To: Slyscribe

“Four Million Americans To Pay ObamaCare Fine In 2016”

It will never happen. They’ll get amnesty ot the govt. will subsidize them with taxpayer money.


23 posted on 04/22/2010 1:18:08 PM PDT by kenmcg
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To: Slyscribe
Obamacare
24 posted on 04/22/2010 1:24:02 PM PDT by TruthHound ("He who does not punish evil commands it to be done." --Leonardo da Vinci)
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To: Slyscribe

People will pay the fine and then shut up. I have no faith in American steadfastness anymore. There will not be nearly enough people rising up against this tyranny.


25 posted on 04/22/2010 1:44:35 PM PDT by Soothesayer (The United States of America Rest in Peace November 4 2008)
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To: Slyscribe

Pffft, I’m not paying them anything. I have insurance and even if I didn’t I wouldn’t pay. They can come find me down in the Caribbean.


26 posted on 04/22/2010 2:27:24 PM PDT by mojitojoe (“Our leaders seek to pit us against one another, and torment us relentlessly."Mark Levin)
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To: Slyscribe

“AP reports that “4 million Americans — the vast majority of them middle class — will have to pay the new penalty for not getting health insurance”

The solution, of course, is for states to seize federal receipts and pay back any money stolen by the fascist IRS. I’d add in penalties and interest. Plus any identifiable IRS pigs would be arrested and face 25 years in prison.


27 posted on 04/22/2010 4:10:13 PM PDT by sergeantdave
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