You do know that it’s being managed by the IRS. Right?
Stephen Ohlemacher helps spell it out.
WASHINGTON (AP) – The Supreme Court’s decision to uphold most of President Barack Obama’s health care law will come home to roost for most taxpayers in about 2 1/2 years, when they’ll have to start providing proof on their tax returns that they have health insurance.
At the end of the day, and at the end of the paycheck, it doesn’t matter if it’s a “tax” or a “penalty.” But it’s going to cost all of us a bundle.