GOP Tax Cuts Abolished Obamacare Individual Mandate Tax

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Posted by Alex Hendrie, Gillian Richards on Tuesday, October 9th, 2018, 2:21 PM PERMALINK

The Tax Cuts and Jobs Act passed by the Republican House and Senate and signed by President Donald Trump repealed the Obamacare individual mandate.

Prior to repeal, the mandate forced individuals to purchase government approved health insurance or pay a fine totaling almost $700 for an individual and $2,000 for a family. 

The individual mandate tax penalty was paid by 4,953,490 in 2016, according to recently released IRS data compiled by the office of Senator Steve Daines (R-Mont.).

These 4,953,490 households paid a total of $3,628,017,000 in individual mandate tax penalties in 2016. 77 percent of those paying the mandate had annual income of less than $50,000 and 34 percent have annual income of less than $25,000.

Please visit the website of Sen. Daines to get a handy PDF of the state-by-state Obamacare IRS tax data.

Texas

  • 620,830 Texas residents paid the individual mandate tax penalty to the IRS, amounting to a total of $520,290,000.
  • 182,350 people who earn $25,000 a year or less had to pay the penalty, or 29.37% of all penalty payers.
  • 451,460 people paid who earn $50,000, or 72.71% of all penalty payers.
  • As a Congressman, Texas’ Democrat candidate for Senate Beto O’Rourke voted against repealing the individual mandate.

 

North Dakota

  • 12,830 people paid the penalty in North Dakota, totaling $8,970,000.
  • There were 4,300 penalty payers with incomes of $25,000 or less (33.51% of all penalty payers), and 9,830 payers with incomes of $50,000 or less (76.61%).
  • Democrat Senator Heidi Heitkamp voted against repealing the individual mandate.
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Missouri

  • 84,810 people paid a total of $59,020,000 in individual mandate tax penalties.
  • 28,960 people who earn $25,000 a year or less had to pay penalties (34.14% of all penalty payers).
  • 67,150 people who earn $50,000 or less had to pay (79.17% of all penalty payers).
  • Democrat Senator Claire McCaskill voted against repealing the individual mandate.
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Montana

  • There were 20,810 penalty payers in Montana, who paid a total of $15,444,000 to the IRS.
  • 7,170 people who earn $25,000 or less had to pay (34.45% of all penalty payers).
  • 15,900 people who earn $50,000 or less had to pay (76.40% of all penalty payers).
  • Democrat Senator Jon Tester voted against repealing the individual mandate.

 

Nevada

  • 54,850 Nevada residents paid a total of $39,699,000 in penalties.
  • 19,500 people whose incomes are $25,000 or less had to pay (35.55% of all penalty payers).
  • 42,500 people who earn $50,000 or less paid (77.48% of the total).
  • As a Congresswoman, Nevada’s Democrat candidate for Senate Jackey Rosen voted against repealing the individual mandate.

 

Indiana

  • 113,060 people paid the individual mandate tax penalty in Indiana, totaling $76,669,000.
  • 44,830 people who earn $25,000 or less paid (39.65% of all penalty payers).
  • 92,340 people who earn $50,000 or less paid (81.67% of all penalty payers).
  • Democrat Senator Joe Donnelly voted against repealing the individual mandate.

 

Photo Credit: Gage Skidmore

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