Sebulis said the initial 95 dollar penalty "Gives people a year delay"........they just have to pay for it. However those who think they can continue to do so needs to see this:
Sebulis said the initial 95 dollar penalty "Gives people a year delay"........they just have to pay for it. However those who think they can continue to do so needs to see this:
Your chart is correct (1%, then 2%, then 2.5% of family income) except there is one more problem Obama-care has with that, this one being hidden by both sides for completely different reasons.
(2) SPECIAL RULES- Notwithstanding any other provision of law—
‘(A) WAIVER OF CRIMINAL PENALTIES- In the case of any failure by a taxpayer to timely pay any penalty imposed by this section, such taxpayer shall not be subject to any criminal prosecution or penalty with respect to such failure.
‘(B) LIMITATIONS ON LIENS AND LEVIES- The Secretary shall not—
‘(i) file notice of lien with respect to any property of a taxpayer by reason of any failure to pay the penalty imposed by this section, or
‘(ii) levy on any such property with respect to such failure.’.
What the Obama-care law text REALLY says on IRS enforcement of the personal Mandate fine/tax GPO via govtrack. us congress bills site ^( 10/16/2013 )