PILOT SPIN
Spin Zone => Spin Zone => Topic started by: CharlieTango on October 26, 2015, 08:07:57 AM
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Got a bill from the IRS today for 'Shared responsibility payment you owed' hmmmmmmmmmm dunno what its for?
Ah, google told me its a bill for not buying health coverage. Used to be I could afford catastrophic coverage but that's not longer legal for me >:(
Can't afford Ocare, my medical bills last year where under $2,000 and Ocare wouldn't kick in till I payed about $15,000 :(
For many like me Ocare is catastrophic coverage at cadillac price.
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Unless it came as a certified or registered letter I wouldn't do a damn thing.
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This is going to get fun, with the pro-Obama Millennials and others now having to pay this fine. Weeee!
Of course, it sucks for the rest of us as it kicks all of us in the nuts.
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Gaining control of people's access to healthcare is the end all-be all for the Democratic Party.
The so-called, affordable care act has nothing in it about affordability, care, or anything except government intrusion into your private matters, and control over your body. The fact that now doctors are instructed to question you about gun ownership tells me a lot more about the government intentions wrt obamacare, than all the blabbering of the leftist politicians, and their handmaidens in the press.
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Unless it came as a certified or registered letter I wouldn't do a damn thing.
I did one thing, I put the notice in the trash ;D
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Unless it came as a certified or registered letter I wouldn't do a damn thing.
I did one thing, I put the notice in the trash ;D
You might want to take it seriously. It is likely legit. Here's from the IRS website-
https://www.irs.gov/Individuals/Understanding-Your-IRS-Notice-or-Letter (https://www.irs.gov/Individuals/Understanding-Your-IRS-Notice-or-Letter)
Like it or not, it is a tax you're not paying. Flipping the bird to the IRS and not paying your taxes never ends well. It's one agency I personally don't screw with. YMMV.
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That said, the Supreme Court ruled that a "shared responsibility payment" was ultra vires. If the IRS isn't calling it a tax, they have no authority to collect the money.
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It was my understanding they could only collect if you were do a refund after you filed and then they could keep the refund or portion of the refund that would cover the payment.
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Unless it came as a certified or registered letter I wouldn't do a damn thing.
I did one thing, I put the notice in the trash ;D
You might want to take it seriously. It is likely legit. Here's from the IRS website-
https://www.irs.gov/Individuals/Understanding-Your-IRS-Notice-or-Letter (https://www.irs.gov/Individuals/Understanding-Your-IRS-Notice-or-Letter)
Like it or not, it is a tax you're not paying. Flipping the bird to the IRS and not paying your taxes never ends well. It's one agency I personally don't screw with. YMMV.
I pay the income taxes. From what I can google the IRS cannot file a lien or put you in jail for failure to pay this shared responsibility payment that I owed. Funny language. The payment owed does not go away and if I am ever due a refund it will be used to satisfy the obligation. Time will tell.
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Id pay that before they increase those "fines" even more. Does anyone actually believe that the next administration will change anything from the crap we have now though?
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Id pay that before they increase those "fines" even more. Does anyone actually believe that the next administration will change anything from the crap we have now though?
No. They won't be repealing Obamacare. There may be some minor changes to it though. Just the reality of politics.
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My understanding is the penalty is 2% of your gross income.
How they do this is disturbing.
Our health care is now tied to our form 1040 which sure sounds damned unconstitutional to me.
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Well, my wife is complaining about ACA and the economic impact in our household. I'm normally a big picture guy, but I have to be respectful of my own bottom line as well.
In my home, we agree that ACA is a hustle and the insurance company rejection was just a game they played to hide the fact that they were going to make an even bigger killing off ACA (pun not intended but very apropos).
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Well, my wife is complaining about ACA and the economic impact in our household. I'm normally a big picture guy, but I have to be respectful of my own bottom line as well.
In my home, we agree that ACA is a hustle and the insurance company rejection was just a game they played to hide the fact that they were going to make an even bigger killing off ACA (pun not intended but very apropos).
And therein lies the problem. People all over the country are having "economic impacts" from Obamacare that didn't necessarily exist pre-2010. Yes, people put up with faster-than-inflation health insurance rate increases. But now it's different.
"Normal" employer rates are going through the roof. (Remember, the employer mandate didn't kick in until this year).
Young people are going to the exchanges, and finding premiums that are unaffordable, and deductibles that exceed anything they'd ever seen. So they're saying "fuck that" and are just going to pay the penalty and go without insurance.
I thought we had 50 million uninsured. Now we have what, 14 million on the exchanges? Where is everyone else?
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Obamacare is a joke. My rates have gone up on my employer's plan. Deductibles are also up. Obamacare needs to be repealed, and a market base, national system enabled without government involvement.