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Pelosi’s health care bonanza includes jail time for those who don’t buy in
Posted By admin On 10. November 2009 @ 00:02 In health care, Blogroll | No Comments
If the House health care bill squeaks through the Senate and is signed into law by the President, those failing to buy into the health insurance business will face steep fines and even jail time.
According to the nonpartisan Joint Committee on Taxation, the House version of this trillion dollar health-care boondoggle will pay a fine of 2.5 percent of their yearly salary or face up to five years in prison.
Pelosi’s massive health legislation describes the penalties in section 7203; it is a misdemeanor to willfully fail to pay for health insurance and it is punishable by a fine of up to $25, 000 and/or imprisonment of up to one year.
In section 7201 it will be a felony to willfully evade purchasing health insurance and it is punishable by five years in prison and/or $250,000 fine.
If American’s would like to pass on jail time, they will need to pony up some serious Benjamin’s by 2016. The Congressional Budget Office (CBO) estimated that a family of four would have to pay $15,000 per year. [1] Keep reading
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[1] Keep reading: http://www.examiner.com/x-10317-San-Diego-County-Political-Buzz-Examiner%7Ey2009
m11d9-Pelosis-health-care-bonanza-includes-jail-time-for-those-who-dont-buy-in
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