Article

2015-10-20 Government

Obamacare imploding as predicted, regime issuing enrollment threats.

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Posted by Besoeker 2015-10-20 05:06|| || Front Page|| [3 views ] Top

#1 The real threat is the IRS. Use the words audit, IRS, and Penalty frequently in all messaging.

Posted by Airandee 2015-10-20 06:51|| 2015-10-20 06:51|| Front Page Top

#2 There are so many exemptions available for the tax that just about anyone should qualify for at least one of them. Also, documentation requirements are minimal. No one should be paying this tax who doesn't want to.

Posted by Dopey the Younger3181 2015-10-20 11:14|| 2015-10-20 11:14|| Front Page Top

#3 Please share, since two weeks after receiving notice of another payment increase - bringing to about double the amount I originally signed up for - I received notice my policy will be cancelled.

If I had been putting away even 2/3 of what I have been paying, I would have quite a nest. Fortunately I lose no sleep, knowing that interest is so low and productive investment so scarce, that it would have grown.

Posted by swksvolFF 2015-10-20 12:40|| 2015-10-20 12:40|| Front Page Top

#4 The penalty is only $695? That's nothing compared to the cost of premiums. That's about two month's worth of premiums. They're gonna have to jack it up considerably to get the compliance they want...unless all they really want is another tax.

Posted by Abu Uluque 2015-10-20 13:46|| 2015-10-20 13:46|| Front Page Top

#5 It supposedly goes up in subsequent years.

By 2016, the fine is expected to be 2.5% of your annual income or $695 per adult annually, whichever is greater. For future years 2017 and above, the penalty will be determined by cost of living, inflation, and other financial factors.

Posted by Pappy 2015-10-20 13:51|| 2015-10-20 13:51|| Front Page Top

#6 Well, they charge the same for the sick and healthy....no wonder the healthy do not want to sign up and pay for the sick.

Posted by crazyhorse 2015-10-20 13:51|| 2015-10-20 13:51|| Front Page Top

#7 will jump to $695 or 2.5% of your income,

Read carefully Abu. It gets a lot higher if you have any income.

Posted by AlanC 2015-10-20 13:54|| 2015-10-20 13:54|| Front Page Top

#8 Abu:

Link to list of exemptions.

Pay particular attention to this section: Difficult Life Events or Hardships. Just about anyone can find an exemption that fits.

Posted by Dopey the Younger3181 2015-10-20 15:20|| 2015-10-20 15:20|| Front Page Top

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