Thursday, September 20, 2012

Ouch: 6 Million Uninsured Americans Will Pay 'Obamatax'


Months out from the Supreme Court's ruling on the Affordable Care Act, and Americans bombarded by mile-a-minute election coverage, it's easy to forget that ACA implementation is creeping up on us. But today, in a great reminder of the real struggles that we'll still face after November 6th, the Congressional Budget Office released a new estimate of how many will be paying taxes for going without insurance. And, fitting the holding pattern, the number is higher than previously expected.

Overall, 6 million Americans will pay "Obamatax," as some have called it. These are middle class individuals, without insurance because their employer may dropped it owing to expenses, and they're unable to afford it themselves. Furthermore, they're just a sliver of the 30 million Americans who will still have zero health insurance to speak of, affordable or otherwise. The remainder of the uninsured, to whom the tax doesn't apply, either are illegal aliens (so the ACA doesn't apply to them), or they don't make enough to pay income taxes.

More @ Townhall

No comments:

Post a Comment