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To: LeoWindhorse
Four things we think we know about Obamacare

"The penalty for being uninsured next year is $95. Again, this is partly true. In fact, the penalty for being uninsured next year is $95 or 1 percent of your income, whichever is higher. So if you make $75,000 a year and you decide to go without insurance, the penalty will be $750. There are a number of things you can do to avoid having to pay it, from deliberately getting your utilities shut off to under-withholding taxes from your paycheck so that they don’t have a refund from which to take out the penalty. But that number is what will go on the books at the Internal Revenue Service, not the $95 you’ve probably heard."

7 posted on 10/21/2013 9:23:26 PM PDT by Baynative (Give me coffee to change the things I can and wine to accept those that I can't.)
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To: Baynative

I wonder where they will get the doctors to work for odumbicare peanuts?


25 posted on 10/21/2013 9:46:58 PM PDT by TomasUSMC
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To: Baynative

And there is a number that if the insurance costs more than that percent of your income, think around 9%, then you are exempt. Need to find out if that number is just premiums or total out of pocket plus premiums. I checked the rates on CoveredCa for us and the total would be right at 1/3 of our income.


57 posted on 10/22/2013 8:32:16 AM PDT by sheana
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