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To: Gen.Blather

You can always cancel or change your bank account or credit card. I don’t believe they can tax your paycheck yet but I’m sure that’s coming.


3 posted on 01/13/2014 3:00:19 AM PST by maddog55
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To: maddog55

“I don’t believe they can tax your paycheck yet but I’m sure that’s coming.”

I didn’t put this in the post because I couldn’t find the link. As originally written the ACA penalties were to be automatically taken from any account you owned by the IRS. But that didn’t make it into the final bill. In the present version of the “settled law” they have to take the penalties from your tax refund...if any. My understanding is they have no other collection means.


4 posted on 01/13/2014 3:02:52 AM PST by Gen.Blather
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To: maddog55
I don’t believe they can tax your paycheck yet but I’m sure that’s coming.

They've been doing it ever since 1943. It's called "withholding."

http://www.taxhistory.com/1943.html

http://en.wikipedia.org/wiki/Current_Tax_Payment_Act_of_1943

37 posted on 01/13/2014 4:28:56 AM PST by abb
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