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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 11-04-2013, 07:25 AM   #1
gnadfly
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Default You aren't on the Hook for the Obamacare Tax

Technically, the IRS can't do much if you don't want to pay. Various outlets are reporting this. Puts another damper on getting the healthy to sign up to offset the sick and at risk.

http://www.forbes.com/sites/beltway/...ng-to-collect/

Quote:
The ACA bars the IRS from bringing a criminal enforcement case against someone who refuses to pay the non-insurance penalty. And it makes it very difficult, if not impossible, for it to enforce a tax lien. Law professors Jordan Barry and Bryan Camp have a nice piece in Tax Notes explaining it all.
Also in this article it explains how the tax isn't going to bring in that much revenue anyway, so where is the big savings coming from that allows this bill supposedly to be "revenue neutral?" And can Granny die fast enough?

BTW, where have the usual progs gone? BigKotex, BigLouise...others.
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Old 11-04-2013, 11:22 AM   #2
acp5762
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Quote:
Originally Posted by gnadfly View Post
Technically, the IRS can't do much if you don't want to pay. Various outlets are reporting this. Puts another damper on getting the healthy to sign up to offset the sick and at risk.

http://www.forbes.com/sites/beltway/...ng-to-collect/



Also in this article it explains how the tax isn't going to bring in that much revenue anyway, so where is the big savings coming from that allows this bill supposedly to be "revenue neutral?" And can Granny die fast enough?

BTW, where have the usual progs gone? BigKotex, BigLouise...others.
That's what makes the ACA a possible bust in the long run. In order for the ACA to be a success and keep rates down they need a high enrollment of young healthy applicants that won't see the doctor that often. Obamacare can't stand the test of time without it.
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Old 11-04-2013, 12:21 PM   #3
nwarounder
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Default

Quote:
Originally Posted by gnadfly View Post
Technically, the IRS can't do much if you don't want to pay. Various outlets are reporting this. Puts another damper on getting the healthy to sign up to offset the sick and at risk.

http://www.forbes.com/sites/beltway/...ng-to-collect/



Also in this article it explains how the tax isn't going to bring in that much revenue anyway, so where is the big savings coming from that allows this bill supposedly to be "revenue neutral?" And can Granny die fast enough?

BTW, where have the usual progs gone? BigKotex, BigLouise...others.
Basically, adjust your tax withholding so you never receive a refund and you will never have to pay the fine.

"That leaves only one tool—the IRS can subtract the penalty from any refund it owes a taxpayer. But that applies only if the IRS happens to owe somebody a refund. These days, two-thirds of taxpayers get one, but it is usually their choice."
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Old 11-04-2013, 12:24 PM   #4
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Quote:
Originally Posted by gnadfly View Post
Technically, the IRS can't do much if you don't want to pay. Various outlets are reporting this. Puts another damper on getting the healthy to sign up to offset the sick and at risk.

http://www.forbes.com/sites/beltway/...ng-to-collect/



Also in this article it explains how the tax isn't going to bring in that much revenue anyway, so where is the big savings coming from that allows this bill supposedly to be "revenue neutral?" And can Granny die fast enough?

BTW, where have the usual progs gone? BigKotex, BigLouise...others.



so wtf are all of you girls bitching about ?
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Old 11-04-2013, 12:40 PM   #5
IIFFOFRDB
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Originally Posted by CJ7 View Post



so wtf are all of you girls bitching about ?
Millions of young adults wait all year for their tax refund. They love that check and Obozo stole it. They are going to be pissed...LOL
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Old 11-04-2013, 12:52 PM   #6
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Originally Posted by IIFFOFRDB View Post
Millions of young adults wait all year for their tax refund. They love that check and Obozo stole it. They are going to be pissed...LOL


young adults? ... what age group are you talking about ?
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Old 11-04-2013, 05:52 PM   #7
nwarounder
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Originally Posted by CJ7 View Post
young adults? ... what age group are you talking about ?
In regards to healthcare, young is usually considered 18-34.
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Old 11-04-2013, 06:46 PM   #8
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I think they are trying to find 2 days and 2 lawyers to read it to them so they can find out what is in it after it was passed.

You wouldn't actually start to believe that those fools would admit that Obama sold them a pack of lies now would you.
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Old 11-04-2013, 07:36 PM   #9
nwarounder
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Originally Posted by CJ7 View Post



so wtf are all of you girls bitching about ?
You may be confusing whining with laughter. That, or while the prez and his staff are busy walking back his "mispokes", the repubs are reveling in the fact that what they said would happen, is coming to fruition.
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Old 11-04-2013, 11:02 PM   #10
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Originally Posted by nwarounder View Post
In regards to healthcare, young is usually considered 18-34.
if said young adults have a job (living from paycheck to paycheck) waiting on their tax refund, they'll have employer ins.

or they can remain on their parents policy until they are 26

and there's always the subsidy

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Old 11-05-2013, 12:06 AM   #11
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Naw... That's too simple for these dipshits (that ONE in particular) to wrap their tiny little closed minds around.
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Old 11-05-2013, 06:47 AM   #12
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Fool

snick
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Old 11-05-2013, 07:30 AM   #13
Whirlaway
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Why do you believe that the IRS will follow the letter of the law ?

Overtime, they will "interpret" intent to include putting liens against property and earnings..............


Quote:
Originally Posted by gnadfly View Post
Technically, the IRS can't do much if you don't want to pay. Various outlets are reporting this. Puts another damper on getting the healthy to sign up to offset the sick and at risk.

http://www.forbes.com/sites/beltway/...ng-to-collect/



Also in this article it explains how the tax isn't going to bring in that much revenue anyway, so where is the big savings coming from that allows this bill supposedly to be "revenue neutral?" And can Granny die fast enough?

BTW, where have the usual progs gone? BigKotex, BigLouise...others.
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