An ObamaCare Tax Monster Speeds Toward Millions of Filers

Investor's Business Daily ^ | 1/7/2015 | John Merline

[IBD editorial writer]

ObamaCare was supposed to keep the nation healthier by expanding access to insurance. Instead, it will keep the professional tax preparation industry healthy by making the tax code even more hopelessly complex.

As health care analyst Bob Laszewski points out on his widely read blog, the IRS came out with a 21-page booklet explaining what ObamaCare will mean to tax filers this year.

In addition, there's a 12-page publication with instructions on how to claim an exemption from the individual mandate (there are 19 options listed), along with instructions on how to calculate the "shared responsibility payment" for those irresponsible people who didn't buy government-approved insurance and aren't eligible for an exemption.

[GeronL]

“shared responsibility payment”

wow

[Crazieman]

Yup.... thinking I’m going to file state taxes only.

[ripley]

“shared responsibility payment”

The revolution is continuing comrade. (Please be patient. They are goint as quickly as they can.)

IMHO

[Fido969]

Instead, it will keep the professional tax preparation industry healthy by making the tax code even more hopelessly complex.

Hmmm.... Well, that's good news for ME!

[donozark]

So much for “tax simplification” so many pols speak of...

[GeronL]

bump

[Iron Munro]

A few areas where jobs were created by Obama Job Creation Programs:

Presidental Czars

Vacaction planners for the First Family

Busywork government jobs

CPA's and tax preparers to deal with indecipherable government regulations

Abortion clinics

Sex change clinics

Same-sex marriage industry

Proctologists (see above)

Divorce lawyers for disgruntled same-sex couples

Muslim Outreach specialists at NASA

Manufacture of milityary guns, arms and ammunition for Obama to give to muslim terrorist armies

[yefragetuwrabrumuy]

So, everyone who signed up for Obamacare gets screwed, and everyone without other health care gets screwed.

Talk about bitch-slapping the poor. Democrats really hate them. What will they want next?, work houses for the poor, where they will be used to power treadmills? Maybe forced labor to build the largest monument in the world to Obama?

[NEMDF]

My S-I-L was unemployed around October 2013, signed up for 0bamacare, which was going to be FREE for her in CT. Then she got a job with benefits before the end of the year, tried repeatedly to cancel the 0bamacare coverage. It took her like 10 months to finally have it cancelled.

I expect she’s going to get a bill for al the subsidized premiums that were paid for her coverage that was supposed to be cancelled. Hope she’s up for this challenge.

[goodnesswins]

You forgot “ammo manufacturers”

[Vaduz]

Shared responsibility payment = Stick Up

[upchuck]

Thanks for the thread.

Glad I’m old.

[MrB]

Imprecatory prayer is prayer asking God to kill, maim, curse, send into eternal damnation, or otherwise harm an enemy. Perhaps the most well-known imprecatory prayer is found in the Bible in Psalm 109, a Psalm which generally gets overlooked by sermon-writers.

---

Would that those who most supported this in order to affirm their own self-righteousness be hit hardest by the consequences.

[M Kehoe]

"shared responsibility payment"

That bilge reminds me of the Board of Equalization in Kalifornia.

5.56mm

[expat2]

My local shooting range has a parking space near the door marked “For Salesman of the Month - Barack Obama”