Anyone on here sign up for Obamacare?

Discussion in 'General Chit-Chat' started by hiwall, Oct 12, 2013.

  1. Tweto

    Tweto I love the smell of Argon in the morning

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  2. LincTex

    LincTex Jack of all trades?

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    Sorry.... I was inferring that the reduction in premium was possibly made up for by the increase in deductible. I was wondering if the math worked out to reach a similar conclusion.
     

  3. hiwall

    hiwall Just walking at the edge of my grave

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    $80 x12=$960 less $500 = net gain for Tweto is $460 per year
     
  4. JayJay

    JayJay Well-Known Member

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    Many states didn't go with the exchange or govt. intrusion and Medicaid was unfunded.
    So, there is no Medicaid.
     
  5. JayJay

    JayJay Well-Known Member

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    The deductible increase is about what 12 months of $80 are + a little...$960 vs. $500.
    Your gain now, the ins. company's gain later??
     
  6. Tweto

    Tweto I love the smell of Argon in the morning

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    Sorry, a little slow on the up-take, I understand now and it makes sense for the $80 decrease and the increase in the deductible.
     
  7. JayJay

    JayJay Well-Known Member

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    Ever since the law passed, MSNBC host Lawrence O’Donnell has told his viewers to not fear the individual mandate. He said it again on The Last Word with Lawrence O’Donnell on Oct. 21, 2013 while scolding a White House correspondent.

    "No one ever really has to pay the fine in the individual mandate," O’Donnell said, "because the IRS has been specifically forbidden, in writing, in law, in the Affordable Care Act, from ever actually pursuing either civil or criminal remedies to collect those fines from anyone. The individual mandate is the only provision in the tax code that was written deliberately to be essentially unenforceable."

    Don’t believe him? On air, O’Donnell pointed to page 131 of the law, which more or less states exactly what he said about IRS enforcement, or lack thereof, of the mandate. (He actually read the key sections aloud.)

    The agency does have one way to collect the individual mandate penalty.

    It's through your tax refund.

    The IRS will send a notice to taxpayers who are required to pay the penalty but don’t. If the penalty is not paid, the IRS can take it out of a tax refund.


    http://www.politifact.com/truth-o-m...ce-odonnell-says-irs-cannot-pursue-either-ci/
     
  8. hiwall

    hiwall Just walking at the edge of my grave

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    I pay my own insurance(Blue Cross). I was notified that my plan did not meet the new regs. and I would have to get a new plan. I called today and they actually have a plan that is almost identical to my existing plan. It is way over twice as much as my current plan. Thank you Obama.
     
  9. Magus

    Magus Scavenger deluxe

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    Not no, but F**K NO!
    I have medicare anyway.
    I'm not supporting this lame attempt at socializing our country further. hope the damn thing stays 404.
     
  10. mosquitomountainman

    mosquitomountainman I invented the internet. :rofl:

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    I expect that this will change over time. Obamacare is heavily dependent upon young, healthy people signing up for it. If too many use this "loophole" it will be filled in.

    Perhaps everyone should just claim 99 exemptions then watch the IRS squirm about collecting income taxes. The real reason governments like income taxes is because they can come after employers for not withholding it. That means they have fewer targets to chase down and employers have a lot more to loose by fighting against the IRS.

    The second reason the gov. likes an income tax is that people get used to not viewing the lost wages as income. Most figure their budgets on "take home pay" so they don't really take note of how much of their pay the government demands and how little the government leaves them. If Americans had to cough up the 25 percent or more out of their own pocket (don't forget your SS taxes that you pay in) at the end of the year there'd be an unstoppable tax revolt within weeks.

    Somehow, by collecting the excess taxes they paid during the year people seem to think they're getting a good deal. :scratch
     
  11. TheLazyL

    TheLazyL Cowboy

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    As I recall you can claim less exceptions but to claim more then what you're entitled too is illegal...or is that undocumented?
     
  12. Geek999

    Geek999 Member

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    If your income is relatively predictable, you can work out the right number of exemptions so you wind up writing a small check to the IRS at tax time. If you are trying to avoid this penalty, this is preferable to getting a refund. If your income is unpredictable, then you will have a tough time permanently avoiding the penalty.
     
  13. TheLazyL

    TheLazyL Cowboy

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    I believe some do that as a "forced" savings account. They didn't stop to think that the Feds used the money all year, interest free.

    I go with the method of having to pay. That means I got to use my own money ...interest free....
     
  14. mosquitomountainman

    mosquitomountainman I invented the internet. :rofl:

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    I've known people who used to claim many more dependents than they actually had so that they wouldn't have any taxes taken out. Don't know about the legality of it.

    We have a relative who is a victim of identity theft and the illegal alien using his SSN claims a whole bunch of exemptions so that no tax is taken out. We've heard that it isn't uncommon for them to do so. We also heard from the reporter looking into it that a lot of the illegals using another's SSN file for the tax refund the first day of January and get it before the legitimate owner of the SSN can file for it. That way they (the illegal alien) get to steal the refund due the legitimate person who did pay the taxes.
     
  15. hiwall

    hiwall Just walking at the edge of my grave

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    Every 'immigrant' that I ever had work for me claimed 'tax exempt' and had no fed or state taxes taken from their pay.
     
  16. Geek999

    Geek999 Member

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    47% of US citizens don't pay income tax. My wife is an immigrant and I can assure you we pay income tax.
     
  17. DJgang

    DJgang I put SAs on IGNORE!

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    Employers do not have to submit your withholding info to anyone, it's just kept in your records. However you are to bring to attention 'excessive' exemptions. If one is willing to pay a pentalty of owing, the IRS probably has no problem. It becomes illegal when you actually, on your return, show false exemptions.

    That's my understanding.
     
  18. FatTire

    FatTire Member

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    This is a pretty good video that sums up obamacare and a suggested course of action. Key points, for me, are civil disobedience is what we need to do, and the ACA is neither socialist, as the right claims, nor capitalist as the left claims, rather its is Corporatist.

    https://www.youtube.com/watch?v=XQtxcKT-u_Y
     
  19. GrinnanBarrett

    GrinnanBarrett Member

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    We are just as good as on it. I am on Medicare. According to my insurance agent everyone has to be on it by 2015. That is the drop dead date. Right now the site is still down for most people. If you work you pay through the nose. If you do not work the working folks pay the bulk of your costs. It is not the government paying folks it is us. In Texas only Blue Cross and Cigna are issuing plans at this point.
     
  20. mosquitomountainman

    mosquitomountainman I invented the internet. :rofl:

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    Our two youngest found out that they'll be getting a new Obama approved health plan at work. Of course the premiums are double what they're currently paying.

    Time to get the tar and feathers out.