The penalty for not buying health insurance by March 31, 2014 was $95 per adult or 1 percent of your income. The tax penalty for 2014 increases to $325 or 2 percent, whichever is higher. On Thursday, officials announced an addendum: 2 percent of your income up to $2,448 per person and $12,240 for a family of five.
Dolphins football team may cancel stadium renovations after the Florida legislature ended its session without passing any funding plan that would give tax aid to the Dolphins and other Florida sports teams. The Dolphins wanted state and local taxes to help pay for $400 million worth of renovations to Sun Life Stadium.