IRS could tap refunds for health insurance penalties

WASHINGTON, April 5 (Reuters) - The Internal Revenue Service could tap individual tax returns to collect fines against people who fail to buy health insurance as required under recently enacted healthcare legislation, the U.S. tax commissioner said on Monday.

Most individuals are required to get health insurance under the new law, or face penalties that would be phased in over time. By 2016, people without coverage could see fines of 2 percent of their income.

Reuters Source

And so it begins....

I don't want to hear anyone proclaiming what a "free" country we live in ever again.

reply to post by brainwrek


You do know its not just us complaining about Obamacare
Hitler doesn't like it either


Yeah I know its a spoof vid but this hits pretty darn close what we're all thinking

Yeah, well, better get used to forking over more of your earned money, with states in so much debt and now the fed needs more to pay for all this socialized crap. Cap and trade up next. Cough it up America, it's your patriotic duty!

reply to post by brainwrek


can you say indentured servitude forever! nice post op. this last 6 months has put not only a bad taste in my mouth, but has me way worried about my friends, family, and loved ones! going to get interesting

With the debt already on the shoulders of my 2 year old son, things are only going to get worse.

Time to look for alternative, under the radar ways of living.

Its time to go Amish. Sell your home, cars, appliances, and withdraw retirement funds. Pay off all personal debt, buy land, build a home, buy supplies, and start farming your own sh!t. Cant beat the system? Then ditch the system.

reply to post by AzoriaCorp


Sounds great. Until they come knocking for that property tax.

Originally posted by thisguyrighthere
reply to post by AzoriaCorp

 

Sounds great. Until they come knocking for that property tax.

Amish dont pay property taxes.

Originally posted by brainwrek

WASHINGTON, April 5 (Reuters) - The Internal Revenue Service could tap individual tax returns to collect fines against people who fail to buy health insurance as required under recently enacted healthcare legislation, the U.S. tax commissioner said on Monday.

There's a way around that. Set up your W-4 withholding so there is no refund. People do it to avoid child support, should work.

[edit on 6-4-2010 by Mountainmeg]

Originally posted by AzoriaCorp

Amish dont pay property taxes.

Depends. If you're Amish living in an Amish owned county you don't. If you're Amish living in an English owned country you do.

A whole lot of us would need to pool an awful lot of cash together to buy our own town. Preferable one on fertile land.

Originally posted by thisguyrighthere

Originally posted by AzoriaCorp

Amish dont pay property taxes.

Depends. If you're Amish living in an Amish owned county you don't. If you're Amish living in an English owned country you do.

A whole lot of us would need to pool an awful lot of cash together to buy our own town. Preferable one on fertile land.

It could happen. Its a McWorld.