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Next Big Obamacare Shock May Come at Tax Time
Newsmax ^
| 12-28-13
| Sandy Fitzgerald
Posted on 12/28/2013 6:03:32 PM PST by afraidfortherepublic
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To: afraidfortherepublic
It will be forgiven with the wave of a hand. So let it be written. So let it be so.
2
posted on
12/28/2013 6:05:14 PM PST
by
Jeff Chandler
(Obamacare: You can't make an omelette without breaking a few eggs.)
To: Jeff Chandler
3
posted on
12/28/2013 6:06:28 PM PST
by
BenLurkin
(This is not a statement of fact. It is either opinion or satire; or both.)
To: afraidfortherepublic
hm Arpil 15th....tax deadline ...November 4th? Election day....
great timing indeed. People will be HIGHLY suspicious of the party that brought them Obamascare
4
posted on
12/28/2013 6:06:51 PM PST
by
MeshugeMikey
( Its beginning to look a lot like Kwanzaa)
To: afraidfortherepublic
Ain’t communism just grand? LOL!
5
posted on
12/28/2013 6:09:10 PM PST
by
FlingWingFlyer
(The Truth Is Out There. Just don't let anyone know that you're looking for it.)
To: afraidfortherepublic
.... Hey .... the sheeple voted for the Dork in Chief without regard for the dire clarion warnings being shouted at the time of the election so I say they all do what Jean-Jacques Rousseau suggested so many years ago ...... Let Them Eat Cake!!!
6
posted on
12/28/2013 6:10:35 PM PST
by
R_Kangel
( "A Nation of Sheep ..... Will Beget ..... a Nation Ruled by Wolves.")
To: afraidfortherepublic
If you like your money, you can keep your money. PERIOD!
7
posted on
12/28/2013 6:13:13 PM PST
by
FlingWingFlyer
(The Truth Is Out There. Just don't let anyone know that you're looking for it.)
To: R_Kangel
” the sheeple voted for the Dork in Chief without regard for the dire clarion warnings”
________________________________________
Let them eat cake.
8
posted on
12/28/2013 6:16:04 PM PST
by
AlexW
To: afraidfortherepublic
If I were the IRS, I would be very concerned that Im going to be viewed as the villainOh really?
9
posted on
12/28/2013 6:16:06 PM PST
by
darkwing104
(Forgive but don't forget)
To: MeshugeMikey
The timing is about 2 months greater than the average American’s attention / grudge-holding span. Kind of fortuitous for the pols robbing Peter in order to re-distribute to Paul eh?
To: afraidfortherepublic
On another note, will the people receiving insurance subsidies have to pay income tax on the subsidies? Are the subsidies considered taxable income?
11
posted on
12/28/2013 6:17:14 PM PST
by
rawhide
To: afraidfortherepublic
Even worse will be the insult added to injury when they realize the O-Care Web-insult site purposefully miscalculated their subsidy to entrap them into signing up for the nearly free insurance. Can hear the “so sad, so sorry, but pay up sucker”.
12
posted on
12/28/2013 6:17:43 PM PST
by
RetiredTexasVet
(Some people might call it a confidence game or swindle, others call it ObamaCare!)
To: afraidfortherepublic
We sometimes do Prevailing Wage jobs that, for a couple of months of the higher wages, would put a guy over the annual income cap at tax time.
Next year, he may be at the lower level again. A string of bad weather could mean he would earn even less than he did last year.
While I get paid the same hourly rate, my annual income can vary by $10-15,000 from year to year.
13
posted on
12/28/2013 6:17:58 PM PST
by
digger48
To: afraidfortherepublic
maximum fubar ...let’r rip!!! let the chips fall where they may!!
14
posted on
12/28/2013 6:21:01 PM PST
by
dennisw
(The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
To: rawhide
On another note, will the people receiving insurance subsidies have to pay income tax on the subsidies? Are the subsidies considered taxable income
____________________________
I’m sure the regulations dealing with this issue are written in bureaucratic double talk, and will at least initially be interpreted in different ways by different IRS offices and even different examiners.
To: jurroppi1
Fortuitous indeed.... Unfortunately, for the rest of the Nation!
16
posted on
12/28/2013 6:26:02 PM PST
by
MeshugeMikey
( Its beginning to look a lot like Kwanzaa)
To: MeshugeMikey
great timing indeed. People will be HIGHLY suspicious of the party that brought them Obamascare Sadly, the republican party isn't any better.
17
posted on
12/28/2013 6:42:29 PM PST
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: afraidfortherepublic
When people lose their insurance and find they do not qualify for a subsidy, make too much for Medicaid and cannot begin to afford the cheapest Obamacare plan and are left with no health insurance and then get taxed (a.k.a fined)there will be pandemonium.
To: OneWingedShark
There is a rather awesme crevice between the two parties
The Republican Party doesnt count amongst its members a President dedicated to the downfall of America!
19
posted on
12/28/2013 6:47:43 PM PST
by
MeshugeMikey
( Its beginning to look a lot like Kwanzaa)
To: afraidfortherepublic
Unless you’re at 400% of the federal official poverty level, no obligation to repay federal health care subsidies is incurred.
You still get to keep your Obamacare subsidies if you were eligible for the silver plan.
20
posted on
12/28/2013 6:52:26 PM PST
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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