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I was just thinking about something else the new health care bs has caused. by twofatguys
Started on: 03-24-2010 09:20 AM
Replies: 13
Last post by: Pyrthian on 03-24-2010 10:12 AM
twofatguys
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Report this Post03-24-2010 09:20 AM Click Here to See the Profile for twofatguysSend a Private Message to twofatguysDirect Link to This Post
Since the IRS is in charge of making sure that people carry insurance, or pay a fine. The bill has basically (IMHO) blocked any tax reform plans IE Fair Tax, or Flat tax, however you know it.

As said on HLN this morning " You will have more pages on your short tax form to fill out. "

Now there is yet another reason for the IRS to remain around.

Brad
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Khw
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Report this Post03-24-2010 09:22 AM Click Here to See the Profile for KhwSend a Private Message to KhwDirect Link to This Post
 
quote
Originally posted by twofatguys:


Now there is yet another reason for the IRS to remain around.


As if they were going anywhere anyways?
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avengador1
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Report this Post03-24-2010 09:32 AM Click Here to See the Profile for avengador1Send a Private Message to avengador1Direct Link to This Post
Health Care Reform Moves To The Court
http://247wallst.com/2010/0...oves-to-the-court%2F
It seems no one is sure how this is going to be implemented exactly.
 
quote
The federal bureaucracy, particularly the Health and Human Services Department, will have to turn the law into rules and regulations that can be monitored by the government. It is too early to tell how each of the 32 million Americans without health insurance will be enrolled in the new system. Equally complex is the method whereby citizen’s who do not make enough money to cover their premiums will get supplemental payments.

It is now clear either which branch of the federal government will decide whether drug companies and insurance firms are charging rates that conform to the health care reform package. No penalties have been determined yet. Early word out of Washington says that the IRS, of all agencies, will enforce many of the regulations. According to The Washington Examiner, “health care reform, as currently envisioned by Democratic leaders, would be built on the foundation of an expanded and more intrusive IRS.” The tax collection agency will examine and decide, among other things, which people are in compliance with the new regulations. What data it may collect from health care providers is still unclear. It is also unclear whether the charter of the IRS will even allow it to perform these tasks, although the mandate of charter was expanded as part of the legislation. The agency may ask people to list the nature of their insurance on their 1040 tax returns.

Some portions of Americans do not pay their taxes. People with incomes below a certain level are not always required to file with the IRS on an annual basis at all. The use of the IRS as a health care monitoring agency is imperfect at best.
So, health care reform, which was created by one of the landmark pieces of legislation, now gets thrown into the crucible of the real world where lawsuits and enforcement often override the best of legislators’ intentions. And, as Social Security, civil rights, environmental reform, and other broad programs that have passed Congress and been signed into law show, the slip between the cup and the lip can be a big one.


The other scary thing is that the government might possibly be asking for our medical records in the future.

[This message has been edited by avengador1 (edited 03-24-2010).]

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User00013170
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Report this Post03-24-2010 09:35 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Direct Link to This Post
 
quote
Originally posted by avengador1:

Health Care Reform Moves To The Court
http://247wallst.com/2010/0...oves-to-the-court%2F
It seems no one is sure how this is going to be implemented exactly.


I bet it changes so ALL Americans have to file a tax return, unlike now if you fall under some lower income limit or are getting a refund.. And if you don't, you automatically get fined.

Hey, at least it created jobs, will need lots more IRS workers
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Formula88
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Report this Post03-24-2010 09:39 AM Click Here to See the Profile for Formula88Send a Private Message to Formula88Direct Link to This Post
I believe the bill creates 16,500 new IRS agent positions. While I'm sure they'll tout that as a great thing - creating jobs, the problem is they're government jobs that are paid for with taxes.

At just an average salary of $50,000 per year per employee, that's an extra $825 Million a year in government payroll (not counting benefits).
So that first $1 Billion in savings, if it materializes, is pretty much already spent.

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Taijiguy
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Report this Post03-24-2010 09:42 AM Click Here to See the Profile for TaijiguySend a Private Message to TaijiguyDirect Link to This Post
I'm seriously going underground if this thing sticks. I can absolutely run my business at least 75% cash basis. I'm sure I wouldn't be alone.
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Boondawg
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Report this Post03-24-2010 09:43 AM Click Here to See the Profile for BoondawgSend a Private Message to BoondawgDirect Link to This Post
PM Brad.
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User00013170
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Report this Post03-24-2010 09:45 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Direct Link to This Post
 
quote
Originally posted by avengador1:


The other scary thing is that the government might possibly be asking for our medical records in the future.



Well, if they back the insurance, and check up on the doctors ( i assume that was still in the bill ) logic says they will demand it.. I think they get records now for medicare/medicaid..
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User00013170
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Report this Post03-24-2010 09:46 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Direct Link to This Post

User00013170

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Member since May 2006
 
quote
Originally posted by Taijiguy:

I'm seriously going underground if this thing sticks. I can absolutely run my business at least 75% cash basis. I'm sure I wouldn't be alone.


You own a house? Or a car? Or rent ? Eat?

Cant go 100% underground now unless you become a drug dealer or something and go under an assumed name.. .
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Boondawg
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Report this Post03-24-2010 09:49 AM Click Here to See the Profile for BoondawgSend a Private Message to BoondawgDirect Link to This Post
 
quote
Originally posted by Taijiguy:

I'm seriously going underground if this thing sticks. I can absolutely run my business at least 75% cash basis. I'm sure I wouldn't be alone.


I have heard that alot lately.

Without implying guilt or placing accusations on anyone, how will law-bideing, normally opinionated on "doing the right thing at all times" people, be able to justify the proposed criminal dishonesty of the above action you discribe?

[This message has been edited by Boondawg (edited 03-24-2010).]

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Taijiguy
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Report this Post03-24-2010 09:58 AM Click Here to See the Profile for TaijiguySend a Private Message to TaijiguyDirect Link to This Post
 
quote
Originally posted by Boondawg:


I have heard that alot lately.

Without implying guilt or placing accusations on anyone, how will law-bideing, normally opinionated on "doing the right thing at all times" people, be able to justify the proposed criminal dishonesty of the above action you discribe?



Well, given that I'm of the group that believes income taxes are illegal anyway I would harbor no guilt. If you carry it further that it has reached a point where I can no longer accept the wasteful ways my tax dollars are being spent, it cements my conviction even more, and protest through non-compliance becomes my method. Then when you factor in that I don't really care too much what other people think, it pretty much alleviates any potential for guilt.
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Boondawg
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Report this Post03-24-2010 10:03 AM Click Here to See the Profile for BoondawgSend a Private Message to BoondawgDirect Link to This Post
 
quote
Originally posted by Taijiguy:


Well, given that I'm of the group that believes income taxes are illegal anyway I would harbor no guilt. If you carry it further that it has reached a point where I can no longer accept the wasteful ways my tax dollars are being spent, it cements my conviction even more, and protest through non-compliance becomes my method. Then when you factor in that I don't really care too much what other people think, it pretty much alleviates any potential for guilt.


I just got a visual of you in cowboy garb, kneeling while hog-tieing my question like a downed bull, then jumping up & back with both hands in the air yelling, "CLEAR!"
Cowboy up!
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Taijiguy
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Report this Post03-24-2010 10:06 AM Click Here to See the Profile for TaijiguySend a Private Message to TaijiguyDirect Link to This Post
 
quote
Originally posted by Boondawg:


I just got a visual of you in cowboy garb, kneeling while hog-tieing my question like a downed bull, then jumping up & back with both hands in the air yelling, "CLEAR!"
Cowboy up!


ROFLMFAO! Now that was funny bro'.
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Pyrthian
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Report this Post03-24-2010 10:12 AM Click Here to See the Profile for PyrthianSend a Private Message to PyrthianDirect Link to This Post
 
quote
Originally posted by Taijiguy:
I'm seriously going underground if this thing sticks. I can absolutely run my business at least 75% cash basis. I'm sure I wouldn't be alone.


yup - lotsa that going around. that is how its always worked. fine example has always been prohibition. the people will get what they want. with, without, or in spite of - the g'ment.
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