I wonder how this will play out?Those with a low level paying job, no health insurance and filing a tax return.Those with a moderate level paying job, no health insurance and filing a tax returnBut in 2016, the penalty for being uninsured will rise to the greater of either $695 or 2.5 percent of taxable income. Thatís for someone without coverage for a full 12 months. This year the comparable numbers are $325 or 2 percent of income
$1000.00 a year for two people would be outstanding. Howver, the quote my son got was $1400 per MONTH for his family.They cant afford it, so now they are stuck with the penalties as well.
The bad part is most people cannot afford those insurance policies.
I have never understood why corporate America and all business owners stand for being required to carry the burden of their employees' health insurance.
Check into the space rent on these places and be ready for a huge sticker shock. Utilities NOT included.
But those older, paid for properties are pure gravy and off-setting taxes on other income.
What share, they got their taxes all along! But no, they claim a % of everything. But it doesn't end there. They also tax inheritances. The inheritor must also pay inheritance tax, more like an income tax.