Health Insurance Penalty Obama Decried in 2008 Coming Due in 2015
Add another bullet point to ObamaCare’s litany of broken promises.
The U.S. Treasury announced this week that on Tax Day this year, “Some 3 million to 6 million Americans will have to pay an ObamaCare tax penalty for not having health insurance last year,” reports CNN Money.
Since the penalty is the greater of $95 or 1 percent of income, the bill could bigger than expected.
To calculate possible amounts, go here.
Though it’s been awhile, some may recall that in 2008 a certain presidential candidate attacked Hillary Clinton for being open to garnishing workers’ wages if they failed to buy health insurance under her reform proposal. True to form, Barack Obama promised no such penalty if he was elected president.
Now we know the truth.