Saturday, November 18, 2017

Birth Tax? 80 Percent of Obamacare Mandate Paid by Those Making Less Than $50,000

Via Billy

MIAMI, FL - NOVEMBER 01: Isabel Diaz Tinoco (L) and Jose Luis Tinoco speak with Otto Hernandez, an insurance agent from Sunshine Life and Health Advisors, as they shop for insurance under the Affordable Care Act at a store setup in the Mall of Americas on November 1, 2017 in Miami, Florida. The open enrollment period to sign up for a health plan under the Affordable Care Act started today and runs until Dec. 15. (Photo by Joe Raedle/Getty Images)

While Barack Obama was illegally funneling billions of dollars to big corporations in the form of health insurance companies, his indefensible Obamacare mandate still stands as a brutal tax that almost exclusively bleeds the working and middle class.

It works like this: If you are not covered by health insurance, if you do not buy something you are obligated by our fascist government to buy simply for the sin of being born, the federal government penalizes you with a tax of $675 for each adult in your household, plus an additional $347.50 for each child or a maximum penalty of $2085. Or… You will pay 2.5 percent of your adjusted gross income if that comes out to a higher amount than the per person penalty.

According to Forbes, the IRS reports that 6.67 million families are getting soaked by the Obamacare mandate. A full 5.3 million (or 80 percent) of those make less than $50,000 a year. Almost all of those families, 6.6 million of the 6.67 million, make less than $200,000 annually.

More @ Breitbart

3 comments:

  1. It's the 'poor' who get hit hardest by the mandate because they are the ones least likely to have employer provided healthcare insurance. The law isn't aimed specifically at those making that kind of money. It's just that people with good incomes usually work for companies that provide good benefits. The law isn't discriminatory on purpose, it's just abusive to poorer people because life has always been tougher on poorer people.

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    1. Thanks, but do you think you should be required to buy heath insurance or pay a fine? That's the question.

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  2. I oppose Obamacare. I see no provision in the Constitution that compels people to buy health insurance. IMO taxing those who can't afford Obamacare is a punitive tax on the poor. It makes no sense other than to those Democrats who voted for Obamacare.

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