Now you know why unemployment is so high. No one really knows the answer to your question. Hence businesses are not hiring until it is resolved.
@diana .. you actually do not have to pay anything. It is a unenforceable penalty.
what is the penalty for not paying that new tax? Well, on page 170 of the actual law, we read:
(A) WAIVER OF CRIMINAL PENALTIES.-In the case of any failure by a taxpayer to timely pay any penalty imposed by this section, such taxpayer shall not be subject to any criminal prosecution or penalty with respect to such failure.
(B) LIMITATIONS ON LIENS AND LEVIES.-The Secretary shall not-(i) file notice of lien with respect to any property of a taxpayer by reason of any failure to pay the penalty imposed by this section, or(ii) levy on any such property with respect to such failure.
Is ObamaCare great or what? With all the taxes I'm familiar with, if you don't pay them, you're in big trouble. But with ObamaCare, there's no enforcement -- it's a toothless tax. And the lack of enforceability was known about before the bill was signed. In 2010, Fox News reported: