Change! CBO estimate of Obamacare tax jumps 50%, will hit middle class hardest
The devil is always in the details … to be revealed later. They had to pass it to see what was in it. Now, we’re finding out.
Six million Americans will pay the health care tax rather than obtain coverage under President Obama’s health care law, according to a new Congressional Budget Office estimate Wednesday — a 50 percent increase over CBO’s estimate of just two years ago.
CBO also said there will be 30 million people without insurance, though all but the 6 million will be exempt from the tax. The exempt residents are a combination of illegal immigrants and those with incomes too low to pay income taxes.