Does it count if a person is on their spouse’s insurance? I assume it does, but wasn’t sure.
Taxes just swarm around this debacle of a bill don't they?
I would think for them to pull this off as a tax, they would have to design a form that would tax EVERYBODY $1200 and then have you claim a credit for having a policy that passed muster and / or some sort of income-limited credit. Otherwise I’d think they would fall into a semantics trap. Then there’s the whole issue on how to document compliance. The bottom line is that it will prove to be so cumbersome that people will see that single-payer is inevitable.
and the cost goes up year after year after year in fines. It’s a dirty bloody secret. Thanks for placing out on the board, for some to see, a truth.
and if that 47% of voters LET this happen by re-electing him so we can’t repeal it . . . then I will not have one ounce of sympathy for them. not one ounce. let the IRS confiscate their usual “refund”. let them feel some pain in their wallets for a change.
Look on the bright side. They won’t be “middle class” for long and won’t have to worry about that. The debt machine that supports so many idle, “middle class” regulators and services dependent on debt isn’t magic.