Obamacare May Lead To More Taxes
New fallout over Obamacare as the healthcare law penalty provision goes into effect for the first time in 2015. People who skipped getting insurance this year will wind up paying a fee while those who did get insurance through one of the exchanges will have to fill out a few more forms this year when filing your taxes. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, discusses how the Obamacare penalty provision goes into effect for this the first time this year and what to expect.