Home > Uncategorized > ObamaCare’s Mandate Penalty Tax Brings In 40% Less Than Expected

ObamaCare’s Mandate Penalty Tax Brings In 40% Less Than Expected

ObamaCare’s Mandate Penalty Tax Brings In 40% Less Than Expected

Investor’s Business Daily ^ | 07/16/2015 | John Merline

Posted on 7/17/2015, 7:21:40 AM by IBD editorial writer

The IRS reported this week that 6.6 million people paid the ObamaCare mandate penalty for not having insurance last year, which the administration says is 10% higher than they’d expected. This isn’t exactly good news, given that the entire point of the mandate penalty tax is to encourage everyone to buy coverage. Even if it were, the number comes with two big caveats.

(Excerpt) Read more at news.investors.com …

via ObamaCare’s Mandate Penalty Tax Brings In 40% Less Than Expected.

via ObamaCare’s Mandate Penalty Tax Brings In 40% Less Than Expected.

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