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Old 02-01-2011, 03:57 PM
Antitrust32 Antitrust32 is offline
Jerome Park
 
Join Date: May 2006
Location: Ft Lauderdale
Posts: 9,413
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actually, just saying $95 is even more misleading than I originally thought!!

in 2014 & 2015, an adult who does not have health insurance will be fined $95 or 1% of their income, whichever is GREATER.

aka

only if you make $9,500 per year will you only have to pay a $95 fine.



Say you make 25k per year... thats a $250 fine for 2014 and 2015

than after 2016 and beyond (which will encompass a lot more than the two years you decided to make an uneducated comment on)

it is $695 per adult... or 2.5% of their income... whichever is GREATER

or $2085 for a family, or 2.5% of their income... whichever is GREATER


So if a family makes 50k per year combined... you will be shelling out 4% of your income to the government. that is so easy to do!
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