California to Tax Those Who Refuse to Buy Health Insurance

Carbonatix Pre-Player Loader

Audio By Carbonatix

It’s already the highest taxed state in the country, but that didn’t stop the California Legislature from voting on Monday to tax people who refuse to buy health insurance.

The San Francisco Chronicle reports the bill passed by Democrats in California would reinstate the penalty tax on Obamacare and would expand government-funded health insurance to low-income young adults living in the U.S. illegally.

While the bill passed the Democrat-led legislature easily, one Democrat criticized the bill for not providing health care coverage to people 65 and older living in the country illegally.

Democratic Gov. Gavin Newsom is expected to sign the bill.

Corrie O'Connor

 

Sponsored Links

Trending Videos

Salem News Channel Today

On Air & Up Next

  • Bloomberg Radio
    2:00AM - 7:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    7:00AM - 8:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Radio
    8:00AM - 9:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    9:00AM - 10:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Investing & Trading Live
    10:00AM - 11:00AM
     
    The Investing & Trading Live Radio Show hosted by Josh and Al pulls back the   >>
     

See the Full Program Guide