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Who Will Pay the Obamacare Individual Mandate Tax

Created on October 9, 2012

Who Will Pay the Obamacare Individual Mandate Tax

HIGHEST EARNERS

LOWEST EARNERS

heritage.org

Who Will Pay the Obamacare Individual Mandate Tax?

President Obama has promised not to raise taxes on the middle class, but nearly 70 percent of those who will pay the Obamacare individual mandate tax earn less than 400 percent of the federal poverty level (FPL), and 10 percent live in poverty. This chart shows the share of total payers of the tax by income group.

Source: Congressional Budget Office, “Payments of Penalties for Being Uninsured Under the

Affordable Care Act,” http://www.cbo.gov/sites/default/files/cbofiles/attachments/09-19-12-Indiv_Mandate_Penalty.pdf (accessed September 26, 2012)