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People who can't afford insurance won't pay the penalty. And those who pay the penalty will pay based on their income.

Point taken..well sorta. I didn't read your comment correctly. The individual mandate itself is not a tax. Instead, it's a mandate requiring everyone to get insurance. The court ruled that the gov't had a right to tax those who do not. It did not rule that the tax should be income-based. The healthcare law did.

So I guess what I should've said was, "outside of those who will get it essentially for free" everyone else above that threshold will be taxed if they can't show that they have insurance. The mandate itself is not an income-based tax.

by HogWash on Aug 3, 2012 5:25 pm • link • report

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