Samhain
DP Veteran
- Joined
- Sep 30, 2011
- Messages
- 4,939
- Reaction score
- 2,131
- Location
- Northern Ohio
- Gender
- Undisclosed
- Political Leaning
- Libertarian
Well, its the greater of $95 or a 1% surtax on taxable income... that would be $1,000 to someone with $100K of taxable income. That is a little more compelling. ... and this is the "soft year". Each go up next year to $325 or a 2% surtax in 2015; and finally to $695 or 2.5% of taxable income thereafter.
The Individual Mandate And Health Insurance
Make your tax due > 0.01 and your penalty is 0.00