I propose trippling the fine for those under 30.

They are not signing up to finance their grandparent's health fantasy.

They need to be punished more, I suggest tripling the fine for those under 30, each month until they comply. Anyone left uninsured in 12 months can just be locked up and work in a forced labor health care coding facility.

Thoughts?

on that note wrote: They are not signing up to finance their grandparent's health fantasy.

They need to be punished more, I suggest tripling the fine for those under 30, each month until they comply. Anyone left uninsured in 12 months can just be locked up and work in a forced labor health care coding facility.

Thoughts?

I believe that if this president had another term, he would do whatever he could to plug holes in this sinking ship, including turning up the heat on us frogs. Your idea seems kinda silly and unimaginable, but ten years ago, I would have thought the same thing if told one day the government would have the authority to force me to buy a product, then fine me if I didn't.

on that note wrote: They are not signing up to finance their grandparent's health fantasy.

They need to be punished more, I suggest tripling the fine for those under 30, each month until they comply. Anyone left uninsured in 12 months can just be locked up and work in a forced labor health care coding facility.

Thoughts?

I think that is already baked in. Fines go up every year. They just started it small so us frogs will not notice that we are in the pot and the stove is on.

http://www.factcheck.org/2012/06/how-mu ... acare-tax/


"The minimum amount — per person — will be $695 once the tax is fully phased in. But it will be less to start. The minimum penalty per person will start at $95 in 2014, the first year that the law will require individuals to obtain coverage. And it will rise to $325 the following year.
Starting in 2017, the minimum tax per person will rise each year with inflation. And for children 18 and under, the minimum per-person tax is half of that for adults."...

But you don't even have to pay the fine if you don't give the government an interest free loan every year. The way the law is written is you only have to pay the fine if you have a refund due when you file. Just set you deductions at a level that makes you owe a little bit each year instead of paying more than is required every month.

And I could see many choosing to pay the fine and just continue to access emergency rooms if they need them.

OR accessing emergency rooms and not paying the fine because so many owe NO TAXES, but I guess now everyone has to file because of the ACA, how does that work?

If you have a refund coming the IRS can withhold the fine from your refund. As long as you don't have a refund due, the IRS has no way to collect the fine. So those do not make much income should claim exempt or a boat load of exemptions so they do not have much (or none at all) withheld. Then they file and pay what they owe less the fine.

I never understood why anyone would set themsleves up to receive a large refund anyway. Why give the government an interest free loan.

Ronbo wrote: If you have a refund coming the IRS can withhold the fine from your refund. As long as you don't have a refund due, the IRS has no way to collect the fine. So those do not make much income should claim exempt or a boat load of exemptions so they do not have much (or none at all) withheld. Then they file and pay what they owe less the fine.

I never understood why anyone would set themsleves up to receive a large refund anyway. Why give the government an interest free loan.

Some people are responsible enough to know that they are financially irresponsible. They know that if they have the $ they will spend it so to them it is a way to impose disciple on themselves.

47% of Americans don't pay income tax, largest number in the modern age and compared to Europe.

Ronbo wrote: If you have a refund coming the IRS can withhold the fine from your refund. As long as you don't have a refund due, the IRS has no way to collect the fine. So those do not make much income should claim exempt or a boat load of exemptions so they do not have much (or none at all) withheld. Then they file and pay what they owe less the fine.

I never understood why anyone would set themsleves up to receive a large refund anyway. Why give the government an interest free loan.

In the long run, it will have to have more teeth and I think the best sign of this is that insurance companies were cancelling plans for 2014. With a large group crying that their plans were doubling adding $100's a month, I would think that the companies would have assumed that people would have opted to have the old non-qualifying coverage and pay the lousy $95 one time, even just for 2014. They also could have marketed around this solution, a legal way to keep your old insurance for a meager $95 in 2014.

They did not do this, and my sense is they know that the way you described it was just put in to pass the initial law, this will get revised and my sense is that the law is written so that it does NOT take an act of congress to do so, it may only be as simple as the IRS changing that rule so that it is simply due, not part of some refund softening, they may have done it already.

I think big refunds are rare and even if I am wrong they are a good punishment for not paying attention in math class.