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.
As an amber sun descends on the Obama Administration and its shadow grows long, his emerging legacy becomes increasingly clear.
A recent Rasmussen survey broadly captures the negative character of that legacy.
When asked at the dawn of the Obama tenure in January 2009, the American public was closely divided on the question of "whether the United States will still be the world's most powerful nation at the end of the current century." Keep in mind that survey occurred during the depth of the recession and layoff tsunami, while Obama self-confidently promised a fresh…
"A week after his State of the Union address, political observers are still trying to figure out what President Obama's game is. That's because rhetorically and substantively, he seems to be in another world. ...Three explanations dominate speculation about what Obama is up to. The first is that he's trying to lay the groundwork for his successor, presumptive nominee Hillary Clinton. The second is…[more]
—Jonah Goldberg, National Review Online Editor-at-Large
— Jonah Goldberg, National Review Online Editor-at-Large