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To: skully

“...If I do not to have health insurance, then my tax liability goes up via the tax penalty.
I call that not the same thing...”
-
You don’t have kids? Your tax liability goes up...
You don’t have a mortgage? Your tax liability goes up...
You don’t give to charity? Your tax liability goes up...
You don’t contribute to a 401K plan? Your tax liability goes up...
You didn’t put in a new high efficiency air conditioner? Your tax liability goes up...
You didn’t buy an alternative fuel vehicle? Your tax liability goes up...
You don’t have health insurance? Your tax liability goes up...

Same damn thing.


26 posted on 07/05/2012 4:30:25 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: Repeal The 17th

A tax credit and a tax penalty are not the same thing.

With the health insurance tax penalty I’m being penalized for not doing what the government is trying to coerce me to do. I have no option. Do as they say or be penalized. The IRS will enforce this.

There’s no coercion with tax credits. I don’t have to take a tax credit, even if I qualify for one. There’s no forced penalty if I choose not to take the credit. I’d be foolish not to take it, but there’s no IRS forcing me to.

The IRS didn’t hire 15,000 plus agents to force people to take tax credits.


36 posted on 07/05/2012 5:09:03 PM PDT by skully (06/28/2012 : The banner no longer yet waves....Gadsden DTOM)
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