Tax penalty to hit nearly 6 million uninsured people

[CuteOldGuy]

Healthcare for all! Hooray, Obama! Except it's a lie. As usual. Just another tax on people who can't afford it. Do we really want to reward this pathological liar another term? Really?

Congressional budget analysts are now estimating that nearly 6 million Americans - most of them in the middle class - will have to pay a tax penalty for not getting health insurance once President Barack Obama's health care law is fully in place.

That's 2 million more than a previous estimate found, or a 50 percent increase. The average penalty will be nearly $1,200.

Starting in 2014, the new health care law requires virtually every legal resident of the U.S. to carry health insurance, or face a tax penalty. The Supreme Court upheld Obama's law as constitutional after finding that the penalty fell within the power of Congress to impose taxes.

The nonpartisan Congressional Budget Office said today the penalty will raise $6.9 billion when fully in effect in 2016.

http://www.dispatch.com/content/stor...ed-people.html

[CJ7]

why?

federal subsidies go direct to insurance companys .. If I remember correctly, a family with an income of $88K qualifies for their part of the coverage ... why pay $1200 and not have insurance when you can pay next to nothing AND have insurance ...

those 6 million must be brain dead republicans

[CuteOldGuy]

What in the hell makes you think you can pay "next to nothing" and have insurance?

[SEE3772]

Originally Posted by CJ7

why?

federal subsidies go direct to insurance companys .. If I remember correctly, a family with an income of $88K qualifies for their part of the coverage ... why pay $1200 and not have insurance when you can pay next to nothing AND have insurance ...

those 6 million must be brain dead republicans

IRS Rewrites ObamaCare to Increase Taxes
The Federal Reserve's Gestapo, the IRS made them do it.
It was all part of 'Hope and Change" and "Yes We Can!"

[LovingKayla]

How will they enforce this new tax? What if I don't pay it? Just another thing the IRS can loop around my neck?

[SEE3772]

Originally Posted by CuteOldGuy

What in the hell makes you think you can pay "next to nothing" and have insurance?

Well, if you believe in Magic!

[joe bloe]

Originally Posted by SEE3772

IRS Rewrites ObamaCare to Increase Taxes
The Federal Reserve's Gestapo, the IRS made them do it.
It was all part of 'Hope and Change" and "Yes We Can!"

No, you're wrong. If Romney wins, we'll bankrupt with a REPUBLICAN president. It will be completely different.

[CJ7]

Originally Posted by CuteOldGuy

What in the hell makes you think you can pay "next to nothing" and have insurance?

http://beyondhealthcarereform.com/20...h-care-reform/

[SEE3772]

Originally Posted by LovingKayla

How will they enforce this new tax? What if I don't pay it? Just another thing the IRS can loop around my neck?

They are just simply going to take it out of your pay check.
For starts... just like ever other tax.

Soon the IRS will be Global, Foreign Account Tax Compliance Act (FATCA)

Mark Nestmann's Escape From America—The Second Passport, Expatriation, and International Tax Planning Seminar. October 26-27, 2012

[Guest123018-4]

Direct access to your bank accounts by the IRS.
They will get to decide when where why and how much.
They will take what they feel is correct and leave it to you to fight themm.
Why do you think the IRS is the means of enforcement.