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IRS Issues Final Rules on Obamacare's 'Individual Mandate'

IRS Issues Final Rules on Obamacare's 'Individual Mandate'

By Kim Dixon and Patrick Temple-West
WASHINGTON | Tue Aug 27, 2013 5:05pm EDT

WASHINGTON (Reuters) - The Internal Revenue Service issued final rules on Tuesday for the individual mandate of President Barack Obama's healthcare overhaul, one of the most contentious elements of the U.S. law set to go into effect next year.

A centerpiece of Affordable Care Act, also known as Obamacare, is a requirement that all individuals carry some minimum health insurance or pay a tax. The new system aims to provide insurance through state marketplaces and subsidies for tens of millions of Americans who lack it.

If individuals choose not to carry insurance, they are subject to a penalty, starting at $95 per person per year or 1 percent of income in 2014, whichever is greater, and eventually reaching $695 per person or 2.5 percent of income by 2016.

Read more: http://www.reuters.com/article/2013/08/27/us-usa-irs-obamaca...



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deacon's picture

still waiting

for my waver I sent in,
I asked for the health care package them reps get
the whole kit and caboodle
Not sure why they haven't answered back yet
Maybe it was the added perks i asked for also?
1) free health care for life
2)unfettered lobbyists money/perks/bribes
3) stock market options without having to worry about losing
4) pay raises every year for life
you see,i played like they do,ask for a lot,be happy getting a few
deacon

If we deny truth before your very eyes,then the rest of what we have to say,is of little consequence

Perhaps

one of the most contentious laws in American history, and I for one will do all I can to politically defeat it

I won't pay period...

let's see them come after me.

Father - Husband - Son - Spirit - Consciousness

they will just

take it out of your tax refund or add it to your next years tax bill, depending on how much money you owe the big bad government. If you refuse to pay long enough they will confiscate your bank account, your paycheck or your property.

And thats why we must defund this craziness and eventually shutout down.

LOL

They won't come after you silly. They'll let you drop dead, or worse, let you live with a broken neck.. just hope you NEVER EVER get hurt or sick enough to need help, you won't get it.

that's how it should be granger

we should never rely on the government to provide our healthcare, that's just pure control over the people, don't do what they say and they deny healthcare.

Healthcare should be easily available, independent of the government, cheap so it's affordable for everyone that wants it, and the best possible care in the world, but most of all the people should be able decide if they want it or not.

boy I am so glad that the constitution

allows the unelected unaccountable irresponsible irs to make laws... er rules. instead of our elected, accountable, irresponsible congressmen.

Can anyone answer?

Is that actual income or taxable income that the penalty is based on?

Wrong question!

The right question:

Is EVERYBODY contacting their reps, phone calls, post cards, urging to DEFUND obamacare?

Is EVERYBODY planning protests outside of their reps offices?

"What if the American people learn the truth" - Ron Paul

Nope! Not me

I contacted my local insurance broker, looked over plans together from many insurance groups, since I already pay insurance, some plans will include eye insurance, or give me more service on dental..

I had meetings with my doctors, asked about what carriers they have, who they like, what was best for me and them.

I'm being pro-active, an activist for MY HEALTH and MY wellbeing. It's not like insurance is a new thing, and personally, I don't think $95.00 a year is a bad deal, depending on how healthy you are..

Accidents happen, and $95.00 is cheap. As an example, a few years ago, stoking the wood fire, about 4AM, I selected a piece of wood that was all of 1/16 of an inch off. No problem, just shove it in.. well it went in all right, and I lost my balance, caught myself by laying my forearm up against the stove. I didn't feel it.. ever notice how bad accidents you don't even feel? I saw it.. and I immediately sub-merged my forearm in ice water.. then I felt it. I sustained second and third degree burns from my wrist to my elbow.

That morning I went to the drug store and bought a few bandages. $45.00. Since these bandages needed to be changed twice a day, the cost added up in my head very quickly.. this burn was going to COST.

After 4 days, (and about $400.00 in dressing) while it was looking very good.. I thought, I should have it checked out, because it was a serious burn. My visit was $146.00 to see a nurse, who gave me better ointment, Silvadine, and tons of dressing.. to last me a week.. so, I received about $800.00 worth of supplies for my $146.00, and had the PEACE OF MIND, my burn was healing beautifully.

Today, you can't tell I was ever seriously burned.

I can give you more examples.

I do not believe it is government's job to FORCE people to buy insurance.. nor do I think it's the tax payers job to pay for healthcare for those too stupid or cheap to take care of themselves.

Those who have insurance like me, are working on our policies, we are the ones who say, it's not the job of the government.. the one who never had insurance and expect the tax payer to support their cheap lazy asses are the ones who are complaining about having to pay anything.. and businesses are getting hit hard..

That is who should be writing to congress, small businesses.. all an individual does is flag themselves.. "I'm not paying, because I'm a cheap lazy ass".

I'm beginning to susect

you are an idiot as well as a troll. You definitely pollute the gene pool.