Leader of the Banned
Beach Fanatic
The good news is Hillary shed her Illinois ways a long time ago.
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Why Obama was elected....
- Thread starter Bob
- Start date
Leader of the Banned
Beach Fanatic
And another thing. Love to see you close down the government again because you didn't get your way. Where did that get you? So yeah, do it again, make my day.
Bob
SoWal Insider
Yeah, I thought the people in Somalia were suffering. Clearly you are suffering more.
Leader of the Banned
Beach Fanatic
Question........When April 15th rolls around and you are not signed up for the ACA. Do you pay the IRS the $100 Tax(fine) then or do you wait until you get sick and need care?
I say don't even bother paying the fine. It's not criminal and you won't incur any additional penalties. I think when you kick the bucket it would come out of your estate. Maybe someone can confirm this.
Yarmap
Beach Fanatic
Tax Penalty.....2014....$95 per adult & 47.50 per child. Max penalty $285
2015..........$325 per adult & 162.50 per child. Max penalty $975
2016........$695 per adult & $347.50 per child. Max penalty $2085
From an an article in USA Today "The IRS, which is in charge of enforcing compliance with the new insurance requirement, is accustomed to carrying big sticks. The first step it usually takes against tax scofflaws is to file public liens against them. Such a lien means the IRS has first dibs on any money you acquire", said Andy Grewal, a University of Iowa law professor who specializes in tax issues.
"The IRS could deduct the penalty amount from any tax refund you're due. But what if you're not due a tax refund"?
"It puts a cloud over all your assets," he said. "If there's a public record that the IRS is after you, no one's going to lend you money.
That means no mortgage, no car loan, no credit cards — until you settle up with Uncle Sam."
They may not be able to collect it but it will be hard to function in a credit based economy!!
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2015..........$325 per adult & 162.50 per child. Max penalty $975
2016........$695 per adult & $347.50 per child. Max penalty $2085
From an an article in USA Today "The IRS, which is in charge of enforcing compliance with the new insurance requirement, is accustomed to carrying big sticks. The first step it usually takes against tax scofflaws is to file public liens against them. Such a lien means the IRS has first dibs on any money you acquire", said Andy Grewal, a University of Iowa law professor who specializes in tax issues.
"The IRS could deduct the penalty amount from any tax refund you're due. But what if you're not due a tax refund"?
"It puts a cloud over all your assets," he said. "If there's a public record that the IRS is after you, no one's going to lend you money.
That means no mortgage, no car loan, no credit cards — until you settle up with Uncle Sam."
They may not be able to collect it but it will be hard to function in a credit based economy!!
.
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Bob
SoWal Insider
Affordable? Care Act http://www.usatoday.com/story/news/...ss-early-renewal-affordable-care-act/3360851/ Beginning this past summer, insurance companies warned brokers and companies that rates could rise dramatically because of the ACA, and some of these agents say they are seeing increases of 30% to even 100% in premiums, especially for businesses that have young workforces. That's because companies will no longer be able to charge older people more than three times they do younger ones. In some states, there is no limit on how much more they can charge older employees than younger ones, and it can be five times more in some states.
To quote Tom Cruise from the film A few Good Men, "He wasn't even there".
http://mediamatters.org/video/2013/11/08/cbs-lara-logan-apologizes-for-faulty-60-minutes/196797
Of course this won't stop Fox Noise from claiming the report is still true.
Leader of the Banned
Beach Fanatic
Lara Logan is hot and I'm sure a lot of guys would lie just to be the object of her adoring gaze during an interview. I don't think she's attracted to the Alan Colmes types, you know?