More ObamaCare Penalties

29 08 2009

Did you know in HR 3200 you will be taxed 2.5% of your gross income if you do not have “acceptable coverage”? obamabear

You cannot “opt” out of healthcare. Well actually they do have a few categories where you can opt out – being in a religious sect is one of them.

This is not a joke. If you are a millionaire – there is not a provision for you to get out of this travesty. Being self insured with your own wealth means you have to pay a 2.5% tax for that privilege.

And remember, Democrats are counting millionaires who are rich enough to never need a pesky thing as insurance as among the “uninsured.”

And for employers, they face a $100 per employee per day penalty for not providing “acceptable coverage.”

Here is the link to the section of the bill.

And remember, Obama said no taxes will go up on singles making less than $200,000 or couples making $250,000. That is a lie if you are rich and you never needed health insurance. Get ready to pay – want it or not!

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