Thread: IRS buys shotguns, debt strains economy

[quote name='michaelr' date='25 March 2010 - 10:29 PM' timestamp='1269570546' post='133176']

here.............



it is in the law Meth, what I believe is irrelevant.

[/quote]





Well I don't generally accept a quote out of sodahead as law........



But giving you the benefit of the doubt, you do see that this is an additional penalty for not following the law. It is a penalty for obstruction, contempt, whatever you want to call it. There are similar laws on the books now and I haven't heard you derail not one of them.



Whether you like this law or not is irrelevant. You must obey all laws or suffer a consequence. That is the way this system works. Even laws you fight to get repealed you have to follow until the process is over or suffer a consequence. You usually will lose those battles.



Man, I feel like I'm teaching 7th grade civics tonight.

[quote name='metheron' date='25 March 2010 - 07:36 PM' timestamp='1269570997' post='133178']

Well I don't generally accept a quote out of sodahead as law........



But giving you the benefit of the doubt, you do see that this is an additional penalty for not following the law. It is a penalty for obstruction, contempt, whatever you want to call it. There are similar laws on the books now and I haven't heard you derail not one of them.



Whether you like this law or not is irrelevant. You must obey all laws or suffer a consequence. That is the way this system works. Even laws you fight to get repealed you have to follow until the process is over or suffer a consequence. You usually will lose those battles.



Man, I feel like I'm teaching 7th grade civics tonight.

[/quote]

My number was a bit off, it is 25K and five years, or more accurately $2,500 per month for a family. That is not for anything other than noncompliance.

[quote name='michaelr' date='25 March 2010 - 10:57 PM' timestamp='1269572226' post='133184']

My number was a bit off, it is 25K and five years, or more accurately $2,500 per month for a family. That is not for anything other than noncompliance.

[/quote]





Your link says 250k, so where are you getting this new figure now?



And its not noncompliance for not getting healthcare. That fine is 2.5% max, it is for not following the law. Laws without consequences are pretty meaningless aren't they?



I mean if you get a speeding ticket and don't pay the fine you are going to to get a bench warrant......I don't see you bellyaching about that Mike and its concept is the same.

[quote name='metheron' date='25 March 2010 - 08:01 PM' timestamp='1269572516' post='133185']

Your link says 250k, so where are you getting this new figure now?



And its not noncompliance for not getting healthcare. That fine is 2.5% max, it is for not following the law. Laws without consequences are pretty meaningless aren't they?



I mean if you get a speeding ticket and don't pay the fine you are going to to get a bench warrant......I don't see you bellyaching about that Mike and its concept is the same.

[/quote]

Read this link.....IRS Needs $10 Billion to Be Nation's Health Enforcer

If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.

Thats per month.

[quote name='michaelr' date='25 March 2010 - 11:04 PM' timestamp='1269572672' post='133186']

Read this link.....IRS Needs $10 Billion to Be Nation's Health Enforcer







Thats per month.

[/quote]





[quote = 'article']If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.



Because these penalties would each apply on a monthly basis, individuals and employers would have to pay 1/12th of the maximum penalties for each month they failed to comply with the mandates.[/quote]



Read the link Mike. The monthly fine would be 1/12th of the max fine. So if the max fine is $2250 as your link implies the onthly fine would be 1/12th of that.



Come on Mike.....really.

[quote name='metheron' date='25 March 2010 - 08:10 PM' timestamp='1269573053' post='133187']

Read the link Mike. The monthly fine would be 1/12th of the max fine. So if the max fine is $2250 as your link implies the onthly fine would be 1/12th of that.



Come on Mike.....really.

[/quote]

Good grief....The max fine is 2,250x12=27,000, now you must pay 1/12 of that for every month you do not have the insurance which is $2,250 per month.

[quote name='michaelr' date='25 March 2010 - 11:24 PM' timestamp='1269573857' post='133189']

Good grief....The max fine is 2,250x12=27,000, now you must pay 1/12 of that for every month you do not have the insurance which is $2,250 per month.

[/quote]





Read the link Mike.....you are making shit up now. Nowhere does it say that. It CLEARLY states what the max fine is $2250 and then states for each month its 1/12th of that.



Why would you add your own shit into the equation?........thats awful Beckish of you. Its YOUR link Mike, just read it.

[quote name='metheron' date='25 March 2010 - 08:28 PM' timestamp='1269574081' post='133191']

Read the link Mike.....you are making shit up now. Nowhere does it say that. It CLEARLY states what the max fine is $2250 and then states for each month its 1/12th of that.



Why would you add your own shit into the equation?........thats awful Beckish of you. Its YOUR link Mike, just read it.

[/quote]

no, that is 1/12 of the max fine, and you will pay that amount for every 1 of the 12 months in the year that you do not have adequate insurance. The max fine is 27,000 dollars.



Why would you think they will fine you $2,500 and only make you pay 1/12 of that? What is it that makes you think that?

If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.

What do you not get, for any month of the year your max fine is $2,500 or 1/12 of the max fine for a 12 month period, you know, a year??!!@@

I went from teaching Civics to reading comprehension.



You can't show someone something they refuse to see.



The sky IS falling.

[quote name='metheron' date='25 March 2010 - 08:36 PM' timestamp='1269574586' post='133194']

I went from teaching Civics to reading comprehension.



You can't show someone something they refuse to see.



The sky IS falling.

[/quote]

You better learn how to read before you teach it, it clearly states that for each month, your maximum fine is $2,500. I mean dude is actually uses words and stuff and says, for each month of noncompliance you can be fined 1/12 of the max fine equaling $2,500 per month.



Again...This time read the damn thing..

If either an individual or a business has failed to comply with this mandate for any month out of the year, they are required to pay a separate tax to the IRS. For individuals this is a maximum of $750 per person (up to $2,250 per household) and $750 per uncovered employee for businesses.

per month!