In his first run for President, Obama pledged he would not raise taxes on people making less than 200 thousand dollars a year. As it turns out, 80 percent of Americans who will face a “penalty” for Obamacare, are making up to or less than five times the federal poverty level.
According to a Congressional Budge analysis just released, once Obamacare is fully effective, almost 6 million people in America will face a tax penalty for not carrying medical coverage. Seems to me, this is yet another broken promise by the Obama Administration.
Starting in 2014, the new health care law requires virtually every legal resident of the U.S. to carry health insurance or face a tax penalty. The Supreme Court upheld Obama’s law as constitutional in a 5-4 decision this summer, finding that the insurance mandate and the tax penalty enforcing it fall within…
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