nobody knows how many people that will be but the estimate is around 1% Originally Posted by CJ7True, no one knows what percentage it will be, but I'm guessing once everyone figures out all the IRS can do to collect those taxes/penalties is send you a letter once a month until you die, it will be much, much higher. Why would anybody pay 3K+ per year for insurance when you can get it free and never have to pay the $695 penalty?
This will effect everybody. You're delusional if you think otherwise. Originally Posted by CuteOldGuyWell hell yes it will "effect everybody," Mr. Einstein! Earth to Mr. StupidOldFart, It's now the law of the land. Let me repeat it one more time. It's the law of the land! Why? Because it has passed through all 3 branches of the Federal Government. Either get over it or join Rush on the next flight to Damascus! I'll pay for your way, as well!
Hopefully, someone will come along shortly to change your diapers! Originally Posted by bigtexI think that's included in the bill, too.
True, no one knows what percentage it will be, but I'm guessing once everyone figures out all the IRS can do to collect those taxes/penalties is send you a letter once a month until you die, it will be much, much higher. Why would anybody pay 3K+ per year for insurance when you can get it free and never have to pay the $695 penalty? Originally Posted by nwarounder
Pay attention to the thread, BigTurd. Some were saying if you have your own insurance, Obamacare won't effect you. It will. Originally Posted by CuteOldGuyEarth to StupidOldFart!!!!! I have been "paying attention" to the endless bitching and moaning threads that the pathetic crybabies and losers have ranted and raved about for the past 2 1/2 friggin' days.
since its defined as a tax the IRS may have the power to garnish wages and freeze accounts Originally Posted by CJ7(2) Special rules Notwithstanding any other provision of law—
From what I'm hearing, they'll withhold from your tax refund if you have any coming. And I agree with your thought about them garnishing wages, etc. Originally Posted by DucbutterNot according to what I'm reading, the law itself. It is pretty funny, ask ten people that have never read the law, and all ten will tell you something different.
(2) Special rules Notwithstanding any other provision of law—
(A) Waiver of criminal penalties In the case of any failure by a taxpayer to timely pay any penalty imposed by this section, such taxpayer shall not be subject to any criminal prosecution or penalty with respect to such failure.
(B) Limitations on liens and levies The Secretary shall not—
(i) file notice of lien with respect to any property of a taxpayer by reason of any failure to pay the penalty imposed by this section, or
(ii) levy on any such property with respect to such failure.
They would have never got it passed if they said they were going to imprison and garnish people's wages for not buying insurance. I think they are depending on the masses not figuring it out, and certainly some never will. Originally Posted by nwarounder