Americans making less than
$120,000 a year will cover 75 percent of Obama's new health care law's
costs, according to Stephen Moore, a senior economics writer for the
Wall Street Journal, via theblaze.com.
How much of a tax can families
expect to pay if they don't have health insurance? In 2014, families
would have to pay $285 and single individuals would have to pay $95,
according to the article. But those numbers are scheduled to rise a
considerable amount. By 2016, the tax for a single adult who doesn't
purchase health insurance will be $695. A family would have to pay
$2,085.
"I'll tell you this, for
Americans who are going to have to pay these fines, penalties, taxes,
whatever you want to call them … what we found is it's going to be
pretty darn expensive," Moore told Fox News' Alisyn Camerota, according
to the article. "The taxes phase in over time so next year they might be
pretty modest, by about 2015 or '16, for families that choose not to
buy health insurance, you're talking about a fine, Alisyn, that could be
over $2,000 a year."
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