200,000 earning less than 100 percent of the poverty level to pay fine
Comment: Poor person: “I can’t afford it.” Obamacare: “That’s fine.” Poor Person: “You mean I don’t have to buy it?” Obamacare: “No, we mean you owe us a fine.”
ObamacareLogic–if your plan is so affordable that people can’t afford it, fine them!
” “All told, CBO and [the Joint Committee on Taxation] JCT estimate that about four million people will pay a penalty because they are uninsured in 2016 (a figure that includes uninsured dependents who have the penalty paid on their behalf),” the report said. “An estimated $4 billion will be collected from those who are uninsured in 2016, and, on average, an estimated $5 billion will be collected per year over the 2017–2024 period.””
“A chart accompanying the report revealed that 200,000 of those paying the penalty earn less than 100 percent of the poverty line. An additional 800,000 are considered low-income, earning between 100 and 199 percent of the poverty level.”
Obamacare Penalty to Hit One Million Low-Income Americans
BY: Elizabeth Harrington
June 9, 2014