Little-Acorn
Well-Known Member
...and most of them are lower-income people. The ones Democrats kept telling us they wanted to help.
Recall that when Obamacare was first passed, it featured a "penalty" for people who didn't sign up. At least, it was referred to in the bill itself, as a penalty. Many congressmen had sworn that they wouldn't vote for Obamacare if it had any tax increases... so this was called a "penalty" instead. The Congressmen voted for it.
Then, when it came time to argue it before the Supreme Court, and many people were pointing out that such a penalty for not buying something was unconstitutional, the same Democrat handlers who had called it a "penalty", now swore up and down it wasn't a "penalty", it was a tax. Never mind that it was called a "penalty" throughout the bill. It was now a tax. A tax. Got it? Penalties might be unconstitutional, but taxes weren't, so this is a tax. A tax.
And now, after the Supreme Court agreed to call it a tax, those same Democrat handlers have come back to us now and are insisting it's not a tax, it's a penalty. Obama has promised not to increase taxes on people making less than $200,000/year, so this is not a tax. It's a penalty. A penalty. Just like it says right there in the bill. It's a penalty.
Anyway, now 6,000,000 people are going to get hit between the eyes with a tax increase averaging $1,200 per year... for starters. And a lot of them can't afford it.
Funny how Democrats' grandiose plans never seem to work out the way they advertised them.
Is it November yet?
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http://www.foxnews.com/politics/201...t-nearly-6m-uninsured-people/?intcmp=trending
Tax penalty to hit nearly 6M uninsured people
Published September 19, 2012
Associated Press
Nearly 6 million Americans -- most of them in the middle class -- will face a tax penalty for not carrying medical coverage once President Barack Obama's health care overhaul law is fully in place, congressional budget analysts said Wednesday.
The new estimate amounts to an inconvenient fact for the administration, a reminder of what critics see as broken promises.
The numbers from the nonpartisan Congressional Budget Office are significantly higher than a previous projection by the same office in 2010, shortly after the law passed.
The earlier estimate found 4 million people would be affected. The difference -- 2 million people-- represents a 50 percent increase.
That's still only a sliver of the population, given that more than 150 million people currently are covered by employer plans. Nonetheless, in his first campaign for the White House, Obama pledged not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000.
And the budget office analysis found that nearly 80 percent of those who'll face the penalty would be making up to or less than five times the federal poverty level. Currently that would work out to $55,850 or less for an individual and $115,250 or less for a family of four.
Average penalty: about $1,200 in 2016.
Recall that when Obamacare was first passed, it featured a "penalty" for people who didn't sign up. At least, it was referred to in the bill itself, as a penalty. Many congressmen had sworn that they wouldn't vote for Obamacare if it had any tax increases... so this was called a "penalty" instead. The Congressmen voted for it.
Then, when it came time to argue it before the Supreme Court, and many people were pointing out that such a penalty for not buying something was unconstitutional, the same Democrat handlers who had called it a "penalty", now swore up and down it wasn't a "penalty", it was a tax. Never mind that it was called a "penalty" throughout the bill. It was now a tax. A tax. Got it? Penalties might be unconstitutional, but taxes weren't, so this is a tax. A tax.
And now, after the Supreme Court agreed to call it a tax, those same Democrat handlers have come back to us now and are insisting it's not a tax, it's a penalty. Obama has promised not to increase taxes on people making less than $200,000/year, so this is not a tax. It's a penalty. A penalty. Just like it says right there in the bill. It's a penalty.
Anyway, now 6,000,000 people are going to get hit between the eyes with a tax increase averaging $1,200 per year... for starters. And a lot of them can't afford it.
Funny how Democrats' grandiose plans never seem to work out the way they advertised them.
Is it November yet?
---------------------------------------------------------
http://www.foxnews.com/politics/201...t-nearly-6m-uninsured-people/?intcmp=trending
Tax penalty to hit nearly 6M uninsured people
Published September 19, 2012
Associated Press
Nearly 6 million Americans -- most of them in the middle class -- will face a tax penalty for not carrying medical coverage once President Barack Obama's health care overhaul law is fully in place, congressional budget analysts said Wednesday.
The new estimate amounts to an inconvenient fact for the administration, a reminder of what critics see as broken promises.
The numbers from the nonpartisan Congressional Budget Office are significantly higher than a previous projection by the same office in 2010, shortly after the law passed.
The earlier estimate found 4 million people would be affected. The difference -- 2 million people-- represents a 50 percent increase.
That's still only a sliver of the population, given that more than 150 million people currently are covered by employer plans. Nonetheless, in his first campaign for the White House, Obama pledged not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000.
And the budget office analysis found that nearly 80 percent of those who'll face the penalty would be making up to or less than five times the federal poverty level. Currently that would work out to $55,850 or less for an individual and $115,250 or less for a family of four.
Average penalty: about $1,200 in 2016.
