Topic: Ever had your Income Tax Refund Garnished? Ocare tax will do
willing2's photo
Wed 02/26/14 11:53 AM
Edited by willing2 on Wed 02/26/14 11:55 AM
SHHHH! It's supposed to be a secret.

IRS Warns: Obamacare Tax Must Be Paid with Tax Return

Agency employs Orwellian term ��Shared Responsibility Payment” to describe Obamacare individual mandate tax.

President Obama'��s Internal Revenue Service today quietly released a series of Obamacare Health Care Tax Tips�� warning Americans that they must obtain qualifying�� health insurance as defined by the federal government �� or face a shared responsibility payment when filing their tax returns in 2015.

The term ��shared responsibility payment refers to the Obamacare individual mandate tax, one of at least seven tax hikes in the healthcare law that directly hit families making less than $250,000 per year.

In ��Four Tax Facts about the Health Care Law for Individuals�� the agency writes:

Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.

http://www.atr.org/irs-warns-obamacare-tax-must-paid-a8164#ixzz2uQtjgSzT

Ph0nyx's photo
Wed 02/26/14 12:13 PM
This tax also immortalizes lobby groups (med insurance, med supply and big pharmies) and the price will go up as dollar values go down. It's just supposed to go slowly since everyone's forced to pay into it. And yes, Obamacare basically has a penalty fee if you can't pay in full.
Well the majority of the voters enabled a pro provider healthcare system if they voted Dem or GOP. None of those parties (Libertarians aren't doing it either) are pushing for universal healthcare which we need given that we're 50% on or below poverty. This is what happens when your Dems and GOP keep reaganomics alive and the majority of your public doesn't notice anything wrong with how that works.

Clinton sort of did this with big tobacco. He put the taxation down to give money to states with bad economies creating a dependence on keeping cigs to get states funds they can't generate themselves. His bs line of "Price increases to help stop smoking" not only didn't make sense but when you couple it with cig companies putting in slightly more nicotine as years go by (The addictive stuff that keeps you coming back that they actually add more of to the cigarette. The plant itself produces low levels in comparison to the addition of more nicotine), the deal basically created a way to keep money coming in by playing off a person's addiction. So you have person's dependency vs. the states with bad economies getting a financial dependency all on tobacco.
Now when you put clinton and gingrich in on their addition to healthcare, basically solidifying it (pro reaganomically) as a business that can call their own prices (not as a need), Obamacare added to it by ensuring that the business will have an immortalized stream of money coming from you. That also means larger lobby groups to buy off Dem & GOP elected officials. (That makes the sysrem "pro provider", not pro the need of the people.) The people are supposed to follow based on the sales idea from basically human psychology of "I want to live, I'll find a way".

Vote green if you want reallocation of funds (much of which would come out of an overly priced military budget that doesn't really go for the enlisted people but more for hardware and military contractors),a people 1st system and universal healthcare.

no photo
Wed 02/26/14 05:05 PM

SHHHH! It's supposed to be a secret.

IRS Warns: Obamacare Tax Must Be Paid with Tax Return

Agency employs Orwellian term €œShared Responsibility Payment” to describe Obamacare individual mandate tax.

President Obama'€™s Internal Revenue Service today quietly released a series of Obamacare Health Care Tax Tips€ warning Americans that they must obtain qualifying€ health insurance as defined by the federal government €“ or face a shared responsibility payment when filing their tax returns in 2015.

The term €œshared responsibility payment refers to the Obamacare individual mandate tax, one of at least seven tax hikes in the healthcare law that directly hit families making less than $250,000 per year.

In €œFour Tax Facts about the Health Care Law for Individuals€ the agency writes:

Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.

http://www.atr.org/irs-warns-obamacare-tax-must-paid-a8164#ixzz2uQtjgSzT


Link failure, server can't pass off to database engine.

But hey, great idea, don't owe the government and don't pay either. Nothing they can do about it. Nat. Fedn. of Indep. Business v. Sebelius, 132 S. Ct. 2566, 567 U.S. 1, 183 L. Ed. 2d 450 (2012).

@2584

That interpretation is consistent with the remainder of § 5000A(g), which instructs the Secretary on the tools he may use to collect the penalty. See § 5000A(g)(2)(A) (barring criminal prosecutions); § 5000A(g)(2)(B) (prohibiting the Secretary from using notices of lien and levies).

@2596

"Third, the payment is collected solely by the IRS through the normal means of taxation — except that the Service is not allowed to use those means most suggestive of a punitive sanction, such as criminal prosecution."

Just make sure that you make absolutely sure you let them know it is the Health Care Penalty that is not being paid, in writing. Otherwise they will misapply your funds and hold you responsible.

Personally, I like the tax exempt status which means no penalty what so ever.

@2596

"The exaction the Affordable Care Act imposes on those without health insurance looks like a tax in many respects. The "[s]hared responsibility payment," as the statute entitles it, is paid into the Treasury by "taxpayer[s]" when they file their tax returns. 26 U.S.C. § 5000A(b). It does not apply to individuals who do not pay federal income taxes because their household income is less than the filing threshold in the Internal Revenue Code. § 5000A(e)(2)."

God isn't this a wonderful country when you know the law.

Mortman's photo
Wed 02/26/14 09:26 PM
Since when was this ever a secret? This was reported on all the major networks, including FoxNews and MSNBC.