Uncategorized

New Jersey resuscitates Obamacare mandate tax

(ATR) — The Republican tax cuts signed by President Trump repealed the Obamacare individual mandate tax nationwide, but New Jersey residents will be stuck paying it due to the state’s Democrat legislature and governor. Governor Phil Murphy on Wednesday signed the new tax into law that will impose the tax on residents who choose not to purchase “qualifying” health insurance as defined by Obama-era regulations.

New Jersey’s Obamacare tax will disproportionately hit low and middle income New Jersey taxpayers:

Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s