********Under the new law:
If a single person that doesn't have health insurance has AGI less than $200,000 do they have to pay the tax for not having insurance?
Right now we are hearing all kinds of stories. But yes, everyone will have to buy a policy. The tax you will pay for not having one when it comes time to file income tax will be determined at that time.
If you do not have a job and do not file, it's anybody's guess right now how or where you will be in this mess. I don't know and neither does anyone else know for sure, because if you are not working how are you expected to pay for anything, let alone be taxed for something you didn't buy. They keep saying they are going after the middle class who can afford to buy insurance but don't. That doesn't make sense because if you have that kind of income, for example,$180/200,000 a year, why wouldn't you be able to afford a policy?
If you are working and your company only has a few people working there, the owner of the company must buy into some kind of policy. What we hear from locals who do have small engine shops or tire repair shops, mechanics and the like, is that they will close or lay off the majority of workers because they would not be able to pay for someone else's insurance and their own. Many small business have threatened to close or do likewise nationwide, and these workers are most likely not going to be able to collect unemployment.
Like you and many others, we hear a lot, and wonder how the government red tape will sort this all out, and if you've ever been mixed up with government, Medicaid, social security or unemployment you know what a long drawn out mess of paperwork it is.
Good luck America!