Exacta mundo here are the increases
No one knows how many Americans will be without health insurance in 2014. A 2012 estimate by the Congressional Budget Office estimated that about 30 million Americans will not have insurance in 2016, and roughly 6 million of them will face penalties. The penalties for individuals are expected to increase each year, and the uninsured will have to pay either a fee or percent of household income (whichever is greater).
In 2014, the fee is $95 per adult or 1 percent of household income.
In 2015, the fee is $325 per adult or 2 percent of household income.
In 2016, the fee is $695 per adult or 2.5 percent of household income.
So the fine is a bargain no matter what! The regime will have to bring the fine up to three or four thousand per year and then try and collect from tax refunds unless they want to sequester one’s paycheck! That should be real winner! Many will just pay fines forever since they can sing up anyway if they get sick.
Ducy is a great reporter..His Dad must be very rpoud of him!
Notice how the pols and Admin never mention the ‘percent’ fine — they only mention the $95 fine.
And the media in most cases reinforces that mirage....
It's not a fine, it's a tax. Bribee Justice Roberts said so. If we had a true opposition party that was in control of the House, they could simply cut the "tax" to zero as the House is the one who generates all bills of revenue.
The fact that they don't simply lower or cut this tax is telling. Not the mandate itself, just the tax.