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URL:  http://boards.fool.com/the-real-sticker-shock-is-going-to-come-when-the-30951483.aspx

Subject:  Re: Hayseed Discovers Sticker Shock Date:  10/31/2013  6:20 PM
Author:  CCinOC Number:  703405 of 750233

The real sticker shock is going to come when the millions don't sign up, and are making 50-70K a year, and the IRS sends them a tax bill for $500 or $700.....the 1% of their salary......as a 'due' tax.

How much are the penalties for not buying a health plan?

The penalties are not very high to begin with. In 2014, the fine to remain uninsured is $95 per person (up to a family maximum of $285, or 1 percent of family income, whichever is greater).

But the penalty will increase more than sevenfold in the next two years, with the fine running as much as $695 per person by 2016. The family maximum would be as high as $2,085 (or 2.5 percent of family income, whichever is greater).

OwebamaKare 101
http://www.csmonitor.com/USA/DC-Decoder/2013/1001/Obamacare-...
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