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Individual Mandate Penalty Stats Now Available: 2% of Americans Paid It and 300,000 Shouldn't Have
Benefit Revolution
July 17, 2015 "300,000 taxpayers overpaid the penalty by a total of $35 million by failing to accurately apply one of the, now, 32 exemptions to the mandate.... [T]he IRS has not yet decided if it will issue a refund for those overpayments or pocket the cash. 10.7 million taxpayers did make use of one of the 32 exemptions.... 2.6 million Americans received an average of $3,000 each to buy a PPACA Exchange plan." MORE >> |
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