by Joshua Krause, Activist Post:
Now that April 15th is on the horizon, many taxpayers are bracing themselves for the inevitable penalty that will hit them if they don’t sign up for Obamacare. It’s estimated that at least 3 million households may have to pony up 1% of their income, or $95 per adult, if they don’t have insurance; a number which is poised to expand to 2.5% for the 2016 tax year.
However, for all its bluster and intimidating language, the Affordable Care Act might not have any teeth. Recently, a tax expert writing for Forbes noticed that Obamacare, while far-reaching and burdensome in terms of what it demands from the American people, offers little to no repercussions for anyone who would be tempted to avoid it.
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