Posted on 02/25/2014 6:08:31 PM PST by MeshugeMikey
Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.
(Excerpt) Read more at atr.org ...
Well then, I suppose it’s time the IRS starts not receiving tax-returns.
“I can make a firm pledge under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
Thanks Roberts. I hope whatever blackmail information was used against you manages to become public knowledge.
Turn in your guns and retirement accounts too.
That's next, and the right will capitulate. I've seen nothing in the last 5+ years to indicate otherwise.
I hope he gets worm and dies with them crawling out of all his orifices like Herod.
Yeah, I got into it months ago here with people who said the IRS was toothless on this because the man on the radio said so. My position now is the same as it was then...what happens to people who don’t pay what the infernal revenue service says they owe? Lots of bad things. And almost all of them will comply.
At least all Moslems and the EXEMPT in Washington DC
are free of this evil. [/s]
A government agency is warning the AMERICAN PEOPLE!
The purpose of government today is to forcibly loot the assets and or incomes of the American private sector.
Some people can’t quite grasp this.
People in government need your money to grow government, expand socialism and for their generous tax paid retirement pensions and lucrative tax paid benefits.
This is what all those new IRS agents will be doing....stealing from your account.
“shared responsibility payment”
How Marxist of them.
Make this a true “Year of Action,” and Impeach Soetoro-Obama in 2014, PERIOD.
“shared responsibility payment”
What idiot comes up with these words (&ideas)?!
They’re called euphemisms to bullshit the great unwashed.
Perhaps we could “delay compliance” like Barry has decided to do with various parts of this POS law.
If you (or any of your dependents) do not maintain coverage and do not qualify for an exemption, you will need to make an individual shared responsibility payment with your return. In general, the payment amount is either a percentage of your household income or a flat dollar amount, whichever is greater. You will owe 1/12th of the annual payment for each month you (or your dependents) do not have coverage and are not exempt. The annual payment amount for 2014 is the greater of:
1 percent of your household income that is above the tax return filing threshold for your filing status, such as Married Filing Jointly or single, or
Your family’s flat dollar amount, which is $95 per adult and $47.50 per child, limited to a maximum of $285.
As confirmed by previous IRS testimony to the tax-writing House Committee on Ways and Means, “taxpayers will file their tax returns reporting their health insurance coverage, and/or making a payment”.
Once fully phased in, the Obamacare individual mandate tax will rise steeply, to a maximum of 2.5 percent of Adjusted Gross Income or $2,085 – whichever is higher
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