It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: burdman30ott6
a reply to: Elton
That would be true, except the fines, penalties, and deadlines have been a major discussion point for the past 2 years. If there is any tax payer out there who sincerely can say "I was unaware of these penalties," I'm not exactly sure what would have educated them on the reality of the bill shy of a personal phone call to each American.
It is bluntly obvious that many of the ACA detractors' predictions on just how damaging this law would be are coming true. The current crop of Democrats in DC are trying to kick the can down the road in an effort to salvage their political careers because, let's be adults here, voters vote first and foremost based on their financial situation. Nobody in their right mind votes to make themselves poorer or give themselves less financial freedom and choices.
originally posted by: bigfatfurrytexan
originally posted by: dothedew
Meh, I'm fine either way. How it's looking so far, I'm going to have too little annual income to actually face any fines next year.
Even if I did, my annual return is high enough to where they'd simply end up taking the fines out of my return.... (Basically, they end up fining and paying themselves)
something to consider: your income tax return is your money. YOUR money. You give it to the government in small increments each month, and it amounts to an interest free loan. They do not return your overpaid taxes with any sort of interest payment or anything.
You are really fine with them taking some of that interest free loan principle, and adjusting it off with a newly made up penalty?
Perhaps the free market should contro the rate structure, or a new agency. They can do whatever they want, but I have no health coverage and found a way to make them think I do. One day when the Republicans bring back the liberty of choice, I wont have any then either. If I have to live with Insurance companies who get to pick and choose who they cover to have that choice, then so be it.
Unless you want government to control the rate structure