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11-04-2013, 07:25 AM
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#1
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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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.
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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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11-04-2013, 11:22 AM
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#2
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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Quote:
Originally Posted by gnadfly
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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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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| 1 user liked this post
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11-04-2013, 12:21 PM
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#3
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Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
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Quote:
Originally Posted by gnadfly
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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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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| 1 user liked this post
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11-04-2013, 12:24 PM
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#4
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by gnadfly
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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so wtf are all of you girls bitching about ?
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| 2 users liked this post
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11-04-2013, 12:40 PM
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#5
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Account Disabled
Join Date: Jun 19, 2011
Location: Dixie Land
Posts: 22,098
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Quote:
Originally Posted by CJ7
so wtf are all of you girls bitching about ?
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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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| 1 user liked this post
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11-04-2013, 12:52 PM
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#6
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by IIFFOFRDB
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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young adults? ... what age group are you talking about ?
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| 1 user liked this post
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11-04-2013, 05:52 PM
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#7
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Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
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Quote:
Originally Posted by CJ7
young adults? ... what age group are you talking about ?
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In regards to healthcare, young is usually considered 18-34.
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| 2 users liked this post
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11-04-2013, 06:46 PM
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#8
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Account Disabled
Join Date: Feb 15, 2012
Location: Houston
Posts: 10,342
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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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| 1 user liked this post
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11-04-2013, 07:36 PM
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#9
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Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
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Quote:
Originally Posted by CJ7
so wtf are all of you girls bitching about ?
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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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11-04-2013, 11:02 PM
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#10
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by nwarounder
In regards to healthcare, young is usually considered 18-34.
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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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11-05-2013, 12:06 AM
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#11
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,273
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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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11-05-2013, 06:47 AM
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#12
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Account Disabled
Join Date: Feb 15, 2012
Location: Houston
Posts: 10,342
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Fool
snick
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11-05-2013, 07:30 AM
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#13
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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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
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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| 1 user liked this post
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