Sunday, May 15, 2011

What Will Be The Penalty Imposed By the IRS For Not Having Health "Insurance"?

Now that health care is a mandated utility, in 2014, I'll be able to wait until after I get sick to buy health "insurance". Why bother buying car insurance, when I could buy car insurance after I wreck? Which brings me to the fine. I'm far from rich. so I just want to know exactly what the penalty will be for willful failure to purchase Federally mandated health "utility"?
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It's not a penalty. It's a "tax".
Source

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