To: sickoflibs
RE One caveat, however: the IRS can only collect the tax by reducing your tax refund. So, no refund equals no tax. “ Bingo This is interesting and I have seen this point debated on FR before. Is this one of the unintended good benefits to America? Stopping people from giving Uncle Sam an interest free loan?
12 posted on
12/11/2013 1:21:39 PM PST by
frogjerk
(We are conservatives. Not libertarians, not "fiscal conservatives", not moderates)
To: frogjerk
“Is this one of the unintended good benefits to America? Stopping people from giving Uncle Sam an interest free loan?”
Not the only one. As people opt out, it will also greatly increase the market for cash and carry medical care. The blog has a lot of articles on the subject.
14 posted on
12/11/2013 1:25:22 PM PST by
RKBA Democrat
( There is no worst president but owebama, and valerie jarrett is his prophet.)
To: frogjerk
They’ll just print or borrow what they need to make up for what you’re not giving them interest free,
so your savings account or your children end up paying it anyway.
16 posted on
12/11/2013 1:25:52 PM PST by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: frogjerk
RE :”
This is interesting and I have seen this point debated on FR before. Is this one of the unintended good benefits to America? Stopping people from giving Uncle Sam an interest free loan?” I think it just means if you dont pay the fine and are not due a refund of the fine amount or more the law forbids the IRS from doing anything about it, unlike the income tax.
Its was a political based clause with unintended consequences.
Notice Obama NEVER cites the fine as a reason to sign up.
17 posted on
12/11/2013 1:27:40 PM PST by
sickoflibs
(Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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