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Originally posted by yamammasamonkey
reply to post by imagineering
You state they had classroom training. They were obviously trained with presumptions of the regulations. The actual penalties were not finalized until two days ago. The main thing you should realize is that the "Heaalthcare" law will not be fully implemented until 2016! This is partially because it takes time to implement something on this scale, but I believe moreso to suck in as many illinformed people as possible, because once you are in the system you will find it nearly impossible to exit. Some examples given by the IRS show a 10 fold in the actual cost (for enrollees) from what is initially stated and what you will pay when fully implemented in '16. If this ratio is correct, you will be looking at $1,475 per month. That's right $17,700 a year. This correlates with the $20,000 refered to in the other thread for a family of 5, which you have. You, I am guessing don't quite make the $120,000 in the example, therefore it is less. Obviously the Government has never once run a program as efficiently as they first claim they can, therefore I believe even this # will jump even before we arrive to this point. IF YOU RELY ON THE GOVERNMENT FOR ANYTHING BESIDES PHYSICAL SECURITY ON A NATIONAL SCALE YOU ARE PART OF THE PROBLEM, AND YOU WILL ALWAYS COME OUT A LOOSER IN THE END! NATIONAL SECURITY IS THE ONLY THING THE GOVERNMENT SHOULD BE INVOLVED IN!!!
Originally posted by Crakeur
reply to post by jimmyx
The irs published the penalties, someone went and ran the numbers.
the IRS statement, along with the way penalties will be calculated, can be found here:
Why is it absurd to think that the IRS penalties for not following their rules would be expensive? They are, basically, going to try and force people to have coverage. What better way to get people to part with their money than to make them pay even more for not doing so?
Sure it's heavy handed and ludicrous but it's effective, no?
Originally posted by Happy1
reply to post by yamammasamonkey
I don't think you people are understanding this - this $147.50 a month is to pay for the penalty of not having any insurance - you pay this, and you don't have insurance.
If he was to buy insurance, how much would it cost a month?edit on 2-2-2013 by Happy1 because: spelling
Originally posted by Tardacus
It`s not a penalty nor is it a fine it`s a TAX they are taxing people for not buying something
It`s basically a poverty tax it taxes poor people who can`t afford to buy health insurance. On the bright side though at least we won`t have to listen to people complaining that 50% of americans don`t pay taxes because even the poorest americans will have to pay this particular tax.