Your choice:
Posted on 10/20/2015 5:22:20 PM PDT by Libloather
Now that ObamaCare is failing in the exact way its critics predicted more than 5 years ago, the White House is preparing to use threats to increase ObamaCare enrollment numbers next year. The threat, of course, is the ObamaCare tax.
Next year the annual fine for not buying President Obama’s overpriced health insurance will jump to $695 or 2.5% of your income, whichever is greater. The White House intends to use the hefty fines as leverage in the upcoming 2016 enrollment period, which starts in November:
Administration officials are looking for a balance.
“We need to be make sure that we are very clear and explicit about that $695 penalty so people understand the choice they are making,” said spokeswoman Lori Lodes. But she said the main emphasis will stay on the benefits of having health insurance and how the law’s subsidies can dramatically lower the cost of monthly premiums.
It is no secret as to why no one is buying ObamaCare — ObamaCare sucks.
(Excerpt) Read more at breitbart.com ...
Bring it on!
Still cheaper than Obamacrap.
It was intended this way and now that it is law thanks to the treasonist chief roberts they can bring those who refuse to justice!
Government is completely out of control. Don’t buy our crappy product we’ve ordered you to buy? We’ll punish you for not buying it. What the hell is this country coming to?
The US govt is selling the Yugo of the new Millennium.
What is Zero going to do if you refuse to pay? Break your kneecaps?
This failure is designed to have Americans beg for what is really wanted, single payer.
A communists dictatorship and is mostly here now. All King Obama needs to do is finish the job and he will.
“Next year the annual fine for not buying President Obama’s overpriced health insurance will jump to $695 or 2.5% of your income, whichever is greater.”
Thanks, John Roberts! /s
What is Zero going to do if you refuse to pay? Break your kneecaps?
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Have you heard of Irwin Schiff?
http://www.forbes.com/forbes/welcome/
$695 or 2.5% is a lot cheaper than the $25,000 I was billed this year. Since I am not in a protected class, no one cares that I don’t have insurance.
“Bring it on!”
Threats-—That’s S O P for ChiCongo street punks
Whew! $25,000. Incredible.
At least the fine maxes out at the cost of a Bronze plan, which is around $5,000 IIRC.
Your choice:
Stop filing a 1040. Let em hunt you down. The only way around this is mass non-compliance.
They had these penalties in place from the beginning and the media carried Obamas water and downplayed it.
Compulsion to contract is illegal. Roberts is a lying bastard who should be impeached.
What is Zero going to do if you refuse to pay? Break your kneecaps?
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No it becomes an IRS FINE
They takemit out of your tax refunds. Since most poor people get tax refunds, they will have it extracted out. Many people dont have withholding set to owe or get a little back, sovthey would have it taken out too.
Compulsion to contract is illegal. Roberts is a lying bastard who should be impeached.
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Not, evidently, when the leftist, totalitarian government does it.
But according to CPA Practice Advisor, Americans who are expecting to pay a fine in 2015 have entirely too much faith in the IRS and its abilities. According to that site, “The IRS has absolutely no way of verifying whose insurance coverage did not qualify under the law and who pays the penalty.” Citing all the obstacles the IRS faces in enforcing the mandate, the site concludes that the IRS will be unable to effectively enforce the mandate:
With just under 25 million people enrolling in the federal and state health exchanges (including Medicare and Medicaid recipients), plus the estimated 150 million who have employer-paid health care plans, there are still some 62 million people who would have to pay a penalty but likely will not. For those who do the math the IRS apparently did not, that’s a potential loss of nearly $6 billion in revenue....[snip]
And worse yet. Those who do not meet the “essential minimum coverage” threshold for individuals can still avoid paying the penalty if they meet one of the dozen or so exemptions, which seem to be granted to any person who breathes air, or has a life crisis like missing a utility bill payment, or having a family member [who] becomes ill or even a family pet with a flea problem. It really doesn’t matter, because there is no place to report either the coverage status or the exemption if you are not already enrolled in a qualified program. Those are supposed to be covered under rules that the IRS has not yet drafted.
The site concludes that agency is clearly too riddled with financial problems and racked by scandal to have set up a “simple database matching program.” Furthermore, Congress’ spending bill has cut the IRS’s budget by $1.3 billion, making it even more difficult for the agency to enforce the mandate.
One of the strangest elements of the Affordable Care Act is that after going to all the trouble of creating penalties for not having adequate health care coverage, the law does almost nothing to give the IRS any power to enforce the penalty provisions. Specifically, the law forbids the IRS from using its typical collection actions, including filing a notice of a tax lien. Ordinarily, that would allow the IRS to attach a lien to items including bank accounts, personal assets, or even your wage income. Moreover, the IRS isn't allowed to impose any other penalties related to unpaid taxes or to begin criminal prosecution proceedings for failure to pay the penalty voluntarily. Obamacare - 2015 Total On Exchange Enrollment | HealthGroveIndeed, the only way the IRS can collect the Obamacare penalty is by deducting it from the refund you'd otherwise be due. If you don't have a refund coming to you, then the penalty amount simply carries forward to future years, presumably accumulating interest but otherwise being practically unenforceable.Still, the problem is that if you ever are in a position where you'd be owed a tax refund, the IRS will jump at the chance to collect back Obamacare penalties from your refund check. There's no guarantee that lawmakers won't change those provisions in the future and allow collection of back taxes owed, but for now, IRS power to enforce penalties is quite limited.
For those who categorically oppose Obamacare and its individual mandate provisions, the better course of action is to apply for an open-ended hardship exemption based on the "any other hardship" provisions of the statute. Even if none of the listed exemptions applies to your situation, the ability to make your case could get you out of penalties entirely -- and never have to worry about whether the IRS might be able to enforce a penalty later. Given how much Obamacare penalties have grown since last year and are projected to rise even further next year, taking steps to get an exemption is far safer than rolling the dice with the IRS and hoping that you'll never get a refund that the IRS would simply take away from you.
As an added precaution, note on any check you give to the IRS that the payment is for "Income Tax."
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