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Willtell
reply to post by ThichHeaded
The IRS has no enforcement authority. The fines likely will be unenforced, I hear.
hillbilly4rent
How has obamacare saved anyones lives in the last few days its been inacted. Or did the government get into the act of laying hands, blood letting and walking on water.
I'm not obamacare
Willtell
reply to post by nenothtu
Good for you, I don’t begrudge your choice.
My point in the insurance rap is that we already are required to do certain things by the government.
Willtell
reply to post by nenothtu
Sure I love the IRS.
I loved it when I went to get some food money out of my atm card and realized I was locked out of my own account.
The IRS put an arm on my account. I loved that, I saluted and sang the star spangle banner.
Willtell
Mt limited support for this ACA is ONLY because it helps poor people get insurance, that’s it, I would have never done this If I were president, I would have had single payer like Canada.
www.taxhelpok.com...
However, the ACA prohibits many of the traditional methods the IRS uses in tax enforcement. The IRS cannot initiate civil or criminal penalties, file liens or levy (garnish) a taxpayer's bank accounts or wages or otherwise seize property to satisfy any unpaid ACA tax. Also, no interest can accrue on these tax penalties. The only practical way for the IRS to collect on penalties is to capture or withhold tax refunds from year to year until satisfied. So, in summary, you can't go to jail for failure to comply, but you could lose your refund.
The IRS cannot initiate civil or criminal penalties, file liens or levy (garnish) a taxpayer's bank accounts or wages or otherwise seize property to satisfy any unpaid ACA tax. Also, no interest can accrue on these tax penalties. The only practical way for the IRS to collect on penalties is to capture or withhold tax refunds from year to year until satisfied. So, in summary, you can't go to jail for failure to comply, but you could lose your refund. The IRS will also oversee many tax breaks and incentives to allow taxpayers to afford health insurance and penalize those not in compliance. Future employment of thousands more IRS agents and more changes to the already complex tax code are anticipated
kaylaluv
MsAphrodite
reply to post by Willtell
It's NOT a fine. It's a tax. Plain and simple, the Supreme Court said so. It's a $95 tax to subsidize someone else's healthcare. The person paying the tax gets nothing in return, except of course a mandate to buy insurance or pay a tax for refusing to do so.
tax [taks] Show IPA
noun
1.
a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc.edit on 6-10-2013 by MsAphrodite because: (no reason given)
There is such a thing as a penalty tax.
Definition
Local or federal punitive tax applied to deter non-compliance, such as underpayment of income tax or disregard of the rules governing a business activity.
Read more: www.investorwords.com...
Willtell
reply to post by beezzer
You also pay for the drones that kill children. Does that bother you?
We know you don't give a dam about starving children in America or that many of them die because they have no health insurance, but I wonder how you feel that your precious tax money is going to MURDER!
DO YOU RANT AND RAVE ABOUT THAT?
DO YOU LOOSE ANY SLEEP OVER THAT?edit on 6-10-2013 by Willtell because: (no reason given)
Willtell
reply to post by ThichHeaded
IS ANYONE ON THIS FORUM EVER OBLIGATED TO PROOVE THE VERACITY OF ALL THE STATEMENTS THAT APPEAR ON ANY SITE THEY LINK TO?
NO!
Onslaught2996
reply to post by AboveBoard
Great story but the right wing member will call you a plant, shill or whatever they can come up with.
Truth and facts are not welcome in a good old Obama or his health care plan bashing thread.
and the entire medical industry needs to be regulated to control costs
Onslaught2996
reply to post by solomons path
15 Myths The Media Should Ignore During Obamacare Implementation
Myth #2: Premium Prices Will Increase Due To Health Care Law