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Here Are The New Taxes You're Going To Pay To Pay For Obamacare...
Business Insider ^ | July 2, 2012 | Henry Blodget

Posted on 07/03/2012 1:50:08 PM PDT by 2ndDivisionVet

click here to read article


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To: 2ndDivisionVet

Time to hide your money in the mattress.


21 posted on 07/03/2012 3:45:46 PM PDT by bgill
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To: Sequoyah101
Transactions will all but stop.

No. Transactions will continue but they will be off the books, under the table.

22 posted on 07/03/2012 3:47:06 PM PDT by ladyjane
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To: RetiredTexasVet

If Romney were wise, each week he would talk about a single tax increase mandated by the health care act and how it would impact all taxpayers. By the election voters should be fully informed as to the negative impact the law would have on them.


23 posted on 07/03/2012 3:48:56 PM PDT by monocle
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To: ladyjane

And the retributions to those who are found out will be so severe that under the table will slow to a trickle.

What do you think all those new IRS agents are for? They can get more if they need them. There will also be bounties.


24 posted on 07/03/2012 4:02:50 PM PDT by Sequoyah101 (You've been screwed by your government.)
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To: EGPWS

I want my country back!!!!!!!

There’s Gonna Be Fireworks!
http://www.youtube.com/watch?v=ZTY0V8GaeFI&feature=related


25 posted on 07/03/2012 4:58:44 PM PDT by Heart of Georgia (It's not a penalty - it's obamaTAX. Make him own it.)
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To: Sequoyah101

There is currently a software application used by the federal government for collection of back child support and money for federally backed student loans. It looks for local, state and federal income tax refunds and other “bonus” payments. The program then triggers a transfer, for example with a state income tax refund, and sends it to your kids’ guardian or your federal income tax debt, in the order prescribed by the government. They aren’t garnishing your account, just intercepting and then reapplying the money.
There is already a proposal by the contractor to apply the same software to collecting the Obamacare fee. If put into practice, the Obamacare mandate fine that is limited by law from being taken from your bank account can still be taken from a state income tax refund. This automation makes it easier to collect the fines without violence, but it makes it easier to collect the “fines” / “taxes”.
The interesting thing will be if the fine for lack of approved insurance is applied even if your state opts out of Obamacare.


26 posted on 07/03/2012 5:06:25 PM PDT by tbw2
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To: altura
Support Mitt Romney.

Why? So we can feel better that a 'Republican' is managing the Socialist decline of America?

I know, I know. You'd rather vote for a liberal than have a Marxist at the helm. Sure. Backing off the throttle just a couple of miles per hour will surely save the republic.

My God. Whatever happened to the spirit of independence and patriotic resistance to tyranny around here? I simply cannot believe how many Freepers are simply rolling over for the corrupt GOPe, and letting them cram their liberal nominee down our throats.

27 posted on 07/03/2012 5:14:08 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: SVTCobra03; exnavy
"I am hoping that it is the Rapture."

My thoughts exactly.

28 posted on 07/03/2012 7:18:35 PM PDT by pigsmith (Gun control means using both hands.)
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