Bring it on!
Still cheaper than Obamacrap.
It was intended this way and now that it is law thanks to the treasonist chief roberts they can bring those who refuse to justice!
Government is completely out of control. Don’t buy our crappy product we’ve ordered you to buy? We’ll punish you for not buying it. What the hell is this country coming to?
What is Zero going to do if you refuse to pay? Break your kneecaps?
This failure is designed to have Americans beg for what is really wanted, single payer.
“Next year the annual fine for not buying President Obamas overpriced health insurance will jump to $695 or 2.5% of your income, whichever is greater.”
Thanks, John Roberts! /s
Threats-—That’s S O P for ChiCongo street punks
Your choice:
Stop filing a 1040. Let em hunt you down. The only way around this is mass non-compliance.
But according to CPA Practice Advisor, Americans who are expecting to pay a fine in 2015 have entirely too much faith in the IRS and its abilities. According to that site, The IRS has absolutely no way of verifying whose insurance coverage did not qualify under the law and who pays the penalty. Citing all the obstacles the IRS faces in enforcing the mandate, the site concludes that the IRS will be unable to effectively enforce the mandate:
With just under 25 million people enrolling in the federal and state health exchanges (including Medicare and Medicaid recipients), plus the estimated 150 million who have employer-paid health care plans, there are still some 62 million people who would have to pay a penalty but likely will not. For those who do the math the IRS apparently did not, thats a potential loss of nearly $6 billion in revenue....[snip]
And worse yet. Those who do not meet the essential minimum coverage threshold for individuals can still avoid paying the penalty if they meet one of the dozen or so exemptions, which seem to be granted to any person who breathes air, or has a life crisis like missing a utility bill payment, or having a family member [who] becomes ill or even a family pet with a flea problem. It really doesnt matter, because there is no place to report either the coverage status or the exemption if you are not already enrolled in a qualified program. Those are supposed to be covered under rules that the IRS has not yet drafted.
The site concludes that agency is clearly too riddled with financial problems and racked by scandal to have set up a simple database matching program. Furthermore, Congress spending bill has cut the IRSs budget by $1.3 billion, making it even more difficult for the agency to enforce the mandate.
One of the strangest elements of the Affordable Care Act is that after going to all the trouble of creating penalties for not having adequate health care coverage, the law does almost nothing to give the IRS any power to enforce the penalty provisions. Specifically, the law forbids the IRS from using its typical collection actions, including filing a notice of a tax lien. Ordinarily, that would allow the IRS to attach a lien to items including bank accounts, personal assets, or even your wage income. Moreover, the IRS isn't allowed to impose any other penalties related to unpaid taxes or to begin criminal prosecution proceedings for failure to pay the penalty voluntarily. Obamacare - 2015 Total On Exchange Enrollment | HealthGroveIndeed, the only way the IRS can collect the Obamacare penalty is by deducting it from the refund you'd otherwise be due. If you don't have a refund coming to you, then the penalty amount simply carries forward to future years, presumably accumulating interest but otherwise being practically unenforceable.Still, the problem is that if you ever are in a position where you'd be owed a tax refund, the IRS will jump at the chance to collect back Obamacare penalties from your refund check. There's no guarantee that lawmakers won't change those provisions in the future and allow collection of back taxes owed, but for now, IRS power to enforce penalties is quite limited.
For those who categorically oppose Obamacare and its individual mandate provisions, the better course of action is to apply for an open-ended hardship exemption based on the "any other hardship" provisions of the statute. Even if none of the listed exemptions applies to your situation, the ability to make your case could get you out of penalties entirely -- and never have to worry about whether the IRS might be able to enforce a penalty later. Given how much Obamacare penalties have grown since last year and are projected to rise even further next year, taking steps to get an exemption is far safer than rolling the dice with the IRS and hoping that you'll never get a refund that the IRS would simply take away from you.
As an added precaution, note on any check you give to the IRS that the payment is for "Income Tax."
But according to CPA Practice Advisor, Americans who are expecting to pay a fine in 2015 have entirely too much faith in the IRS and its abilities. According to that site, The IRS has absolutely no way of verifying whose insurance coverage did not qualify under the law and who pays the penalty. Citing all the obstacles the IRS faces in enforcing the mandate, the site concludes that the IRS will be unable to effectively enforce the mandate:
With just under 25 million people enrolling in the federal and state health exchanges (including Medicare and Medicaid recipients), plus the estimated 150 million who have employer-paid health care plans, there are still some 62 million people who would have to pay a penalty but likely will not. For those who do the math the IRS apparently did not, thats a potential loss of nearly $6 billion in revenue....[snip]
And worse yet. Those who do not meet the essential minimum coverage threshold for individuals can still avoid paying the penalty if they meet one of the dozen or so exemptions, which seem to be granted to any person who breathes air, or has a life crisis like missing a utility bill payment, or having a family member [who] becomes ill or even a family pet with a flea problem. It really doesnt matter, because there is no place to report either the coverage status or the exemption if you are not already enrolled in a qualified program. Those are supposed to be covered under rules that the IRS has not yet drafted.
The site concludes that agency is clearly too riddled with financial problems and racked by scandal to have set up a simple database matching program. Furthermore, Congress spending bill has cut the IRSs budget by $1.3 billion, making it even more difficult for the agency to enforce the mandate.
One of the strangest elements of the Affordable Care Act is that after going to all the trouble of creating penalties for not having adequate health care coverage, the law does almost nothing to give the IRS any power to enforce the penalty provisions. Specifically, the law forbids the IRS from using its typical collection actions, including filing a notice of a tax lien. Ordinarily, that would allow the IRS to attach a lien to items including bank accounts, personal assets, or even your wage income. Moreover, the IRS isn't allowed to impose any other penalties related to unpaid taxes or to begin criminal prosecution proceedings for failure to pay the penalty voluntarily. Obamacare - 2015 Total On Exchange Enrollment | HealthGroveIndeed, the only way the IRS can collect the Obamacare penalty is by deducting it from the refund you'd otherwise be due. If you don't have a refund coming to you, then the penalty amount simply carries forward to future years, presumably accumulating interest but otherwise being practically unenforceable.Still, the problem is that if you ever are in a position where you'd be owed a tax refund, the IRS will jump at the chance to collect back Obamacare penalties from your refund check. There's no guarantee that lawmakers won't change those provisions in the future and allow collection of back taxes owed, but for now, IRS power to enforce penalties is quite limited.
For those who categorically oppose Obamacare and its individual mandate provisions, the better course of action is to apply for an open-ended hardship exemption based on the "any other hardship" provisions of the statute. Even if none of the listed exemptions applies to your situation, the ability to make your case could get you out of penalties entirely -- and never have to worry about whether the IRS might be able to enforce a penalty later. Given how much Obamacare penalties have grown since last year and are projected to rise even further next year, taking steps to get an exemption is far safer than rolling the dice with the IRS and hoping that you'll never get a refund that the IRS would simply take away from you.
As an added precaution, note on any check you give to the IRS that the payment is for "Income Tax."
Geez - people who make threats better make sure they ain't got any unguarded high-dollar stuff laying around.
Be a shame if'n somethin happened to it...
“the main emphasis will stay on the benefits of having health insurance and how the laws subsidies can dramatically lower the cost of monthly premiums.”
Really?
What color is the sky in her world?
I’m sure Donald Trump will reimburse Americans after his election.
Anybody that pays those fines is just Butt azz stupid. There is nothing the govt can do to you except withhold it from your refund. In a year or two the GOP is going to repeal it. Or it will just die on its own.
Pay or die. Pay and die. It’s all the same with them. They are the biggest bunch of bullies that create anti-bullying laws.
Folks might believe the pick pocketing by liberals over the “Affordable” ...Act would end at some point.
Not so.
I’m 68 and was lucky enough to work for a top 50 company. I have a nice retirement income, so nice that the gummint has designed a mechanism to “fine” anyone who has more than a certain annual income ($84,000 I think). I have been taking an income of $94,000 per year and have been fined more than $100 per month on my Medicaid payments because I’m guilty of being successful.
I still won’t pay.
yo, obammy,
Get bent ya narcissist fag.