IPFS News Link • Healthcare
IRS: Agents Won't Be Enforcers of Obamacare Mandate
• http://www.cnbc.com, By: ReutersThe law, passed in 2010 and upheld by the Supreme Court, will charge individuals a fee, or tax, if they fail to buy insurance starting in 2014.
Opponents of the healthcare measure have focused on that requirement, with some Republicans saying they worry the IRS, the agency responsible for tax collection and tax law enforcement, will harass people who fail to buy insurance.
By 2016, that will rise to $695 per person, with a cap that equals the greater of $2,085 per family or 2.5 percent of household income.