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Obamacare Tax Fine Caps Put in Place
Dignitas News Service ^ | July 24, 2014 | Dignitas News Service Team

Posted on 07/24/2014 5:26:47 PM PDT by dignitasnews

Obamacare

Federal officials have announced the structure and methodology for the amount of tax fines to be levied to individuals in non-compliance of federal Obamacare mandates. Under the plan announced today, the maximum tax/penalty an individual can be charged for failing to comply with the Affordable Care Act (ACA) often referred to as "Obamacare" will be $2,448 per person, while a family of five could entail a levy of $12,240.

The decision that was announced today would initially impose on the citizenry a first year additional tax fine of $95 per person and be raised as much as 1 percent of personal annual income. The limits were put in place are based on government estimates of bronze level insurance plans. Citizens will be assessed the federal penalty and is due when people file their 2014 taxes. In the event the taxpayer is due a refund of federal payroll taxes paid out during the year, the amount of the tax penalty will be deducted from these refunds.

Numerous question remain in place relating to Obamacare and given the specifics of Chief Justice Roberts majority decision on the health insurance law leave lingering doubts that among the general public and lawmakers alike. The future of the ACA will largely be determined over the course of the 2014 midterm and 2016 Presidential elections. As the punitive phase of Obamacare is put into place and further tax fines becomes a reality to millions of taxpayers, we will be provided further insight into the character of the American people. Whether Americans view it as audacious overreach from a federal government already exceeding its mandate or rather display an attitude of acquiescence of the costs to live in a "Great Society" will be the determining factor in the upcoming races and by virtue all future elections in the United States of America.

By Dignitas News Service

Sources:

AssociatedPress WashingtonPost


TOPICS: Government; Politics
KEYWORDS: aca; healthcare; obamacare; taxes

1 posted on 07/24/2014 5:26:47 PM PDT by dignitasnews
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To: All

Oh THANK YOU King Barack the First! All HAIL KING OBAMA! /s


2 posted on 07/24/2014 5:31:02 PM PDT by Klemper
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To: dignitasnews

we don’t pay attention to no steenking court ruling ...y’all gonn’a jizra ... I mean ... pay.


3 posted on 07/24/2014 5:31:04 PM PDT by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: dignitasnews

Money Trees and Blood from Turnips. This is going to be fun to watch as the irs beats down the poor uninformed voters that helped create their own demise with their votes.


4 posted on 07/24/2014 5:31:37 PM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: All

Is it too late to ask for King George III back?


5 posted on 07/24/2014 5:31:50 PM PDT by Klemper
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To: Klemper

If we dig him up and put him in charge ... since King George III is dead and cannot speak we will be better off. We have to make certain though King George III has full and complete power.


6 posted on 07/24/2014 5:34:51 PM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Tax-chick

Do you happen to know where tax preparers can obtain a suit of armor? For surely we’ll feel the first brunt of it.


7 posted on 07/24/2014 5:40:32 PM PDT by NonValueAdded ("The Arab Spring is over. Welcome to the Jihadi Spring." Jonah Goldberg)
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To: Klemper

He’s dead, Jim. Wait....that would actually make him a better POTUS than Osama!


8 posted on 07/24/2014 5:40:52 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: NonValueAdded

They have long gloves made out of mail for butchers so they don’t cut their hands. Maybe whoever makes those would make you a full suit.


9 posted on 07/24/2014 5:42:01 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: dignitasnews

Obamacare will destroy this nation if not repealed. It can’t be “fixed” and amounts to ingestion of a fatal dose of poison with only minutes remaining to administer an antidote. If allowed to exist, it will destroy the US with 100% certainty, period.


10 posted on 07/24/2014 5:43:14 PM PDT by SpaceBar
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To: All

Is it too late to ask for King George III back?


11 posted on 07/24/2014 5:43:24 PM PDT by Klemper
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To: dignitasnews

Americans have found out that their MORE EXPENSIVE
INSURANCE no longer covers doctor visits OR drugs
fully, and NOT AT ALL until minimums are reached
BEYOND the “INSURANCE” and fines.

Of course, that is if they can find a doctor now
at all who will see them in a reasonable time.

But, the good news is the EXEMPT in DC are EXEMPT
and .... all Moslems. What could be fairer?


12 posted on 07/24/2014 5:48:51 PM PDT by Diogenesis (The EXEMPT Congress is complicit in the absence of impeachment)
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To: dignitasnews

FUBO x 10 x 10th power


13 posted on 07/24/2014 7:28:11 PM PDT by jsanders2001
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To: NonValueAdded

It won’t be pretty.


14 posted on 07/25/2014 2:26:00 AM PDT by Tax-chick (No power in the 'verse can stop me.)
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