Die.
Then, going Amish
You should do this anyway. Otherwise, you are giving Uncle Sam an interest-free loan.
Young people these days seem to be by and large in low end jobs.
I assume most of them become new Medicaid enrollees, or on the max subsidy with 57 bucks a month payment.
Of course even that may be more than they’re willing to pay.
You could also let your utilities be turned off once a year. Having your utilities turned off is a valid excemption from Obamacare, it seems.
Get elected.
So, that means, there is no line on the 1040 that adds in the penalty?
It’s a tax. John Roberts told us so.
They WILL collect that tax.
“I haven’t checked the actual statute, but I have seen many similar comments. There doesn’t seem to be much downside risk to adjusting your withholding so as to have a small balance due, rather than a refund. “
I don’t know why it takes a situation like this to prompt anyone to stop using the IRS as a “savings bank.” Getting a refund is simply getting back your own money that you’ve “loaned” the government interest free. Here in good old Marxist California, when they get in a bind, they have resorted to IOU’s to the taxpayers in lieu of actually paying the refunds when they are due. My policy is to always have to pay additional taxes on April 15th, or even some years, October 15th.
If you want to hang your hat on the notion that FedGov will NOT change this part of the ACA, I wish you well.
The civil disobedience manifest in not paying the fine (tax?) is commendable. However, you can expect that at some point in the future, the IRS will be unleashed to collect what they think is due, plus penalties, plus interest.
I will not be surprised if Zero and 0baumnists use an EO to make the change. God knows they’ve not been challenged on any other of their anti-Constitutional escapades.
They who have the last laugh, laugh last...
The people (in this country) will always find a way to screw communism over...
What a shame (not really) for those who are too stupid to figure this one out...
The more it looks like Obama will go out with a whimper, the happier I am...
We’ve already adjusted our forms to withhold a little less, with no extra (like we used to), so we will come out as short as possible...
It will probably be the only check(s) I’ll ever write to the IRS with a smile on my face...
this what i understand too.
interesting on how EIC will work.
the huge refund (yea i know) will be reduced??
After reading all the latest articles in the press/media this weekend, I think the GOP should rally the troops in the House this next week and pass the repeal of Obamacare one more time while there is a compelling case to be made, based on the fraudulent sales job by the president, and the 52 million people who will have their policies cancelled in violation of what they were promised. ACT NOW while the iron is hot. Do the right thing and repeal a law that was passed on the basis of fraud on a scale never before seen in this country. FRAUD is the word. FRAUD. Even NBC can follow that complex story line.
They’ll just apply the fine to whatever is owed, and say you underpaid the actual tax. So you will still get hit for tax.
Our greedy government will not let this stand.
Sometime in the future someone in the senate or congress will point out how much in fines is unpaid and there will be a push for legislation to collect the arrears PLUS INTEREST via wage garnishment, property liens, confiscation of savings, etc.
Did you forget that the IRS is the enforcement arm, if they want money, they will get it from your bank, garnish your wages or pull it from your investments.
Proudly refusing to buy health insurance is great, until you get very sick or injured, but if it works out for you..... Are you opting out of your employer health insurance too?
Ever heard of an IRS tax levy? If you have a job, the CAN get your money, and they WILL get it.
How do you but only catastrophic coverage? I thought Obamacare outlawed these plans. Are there any foreign companies selling catastrophic coverage to Americans?