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We have a new method of making law
It is called an Executive Edict from the Dear Leader.
WASHINGTON - Obama administration officials and other supporters of the Affordable Care Act say they worry that the tax-filing season will generate new anger as uninsured consumers learn that they must pay tax penalties and as many people struggle with complex forms needed to justify tax credits they received in 2014 to pay for health insurance.
The White House has already granted some exemptions and is considering more to avoid a political firestorm.
Mark J. Mazur, the assistant Treasury secretary for tax policy, said up to six million taxpayers would have to "pay a fee this year because they made a choice not to obtain health care coverage that they could have afforded."
But Christine Speidel, a tax lawyer at Vermont Legal Aid, said: "A lot of people do not feel that health insurance plans in the marketplace were affordable to them, even with subsidies. Some went without coverage and will therefore be subject to penalties."
COMPLETE STORY:::::::::::::::::::::::::::::::::::::::::::
http://www.nytimes.com/2015/02/01/us/politics/white-house-seeks-to-limit-health-laws-tax-troubles.html?_r=0
We now have a Republican led (if you can call it leadership) congress, both houses to be precise; anyone wanna bet a dollar to a doughnut the gutless buzzards in congress do nothing about Obama changing law with executive actions AGAIN.
WASHINGTON - Obama administration officials and other supporters of the Affordable Care Act say they worry that the tax-filing season will generate new anger as uninsured consumers learn that they must pay tax penalties and as many people struggle with complex forms needed to justify tax credits they received in 2014 to pay for health insurance.
The White House has already granted some exemptions and is considering more to avoid a political firestorm.
Mark J. Mazur, the assistant Treasury secretary for tax policy, said up to six million taxpayers would have to "pay a fee this year because they made a choice not to obtain health care coverage that they could have afforded."
But Christine Speidel, a tax lawyer at Vermont Legal Aid, said: "A lot of people do not feel that health insurance plans in the marketplace were affordable to them, even with subsidies. Some went without coverage and will therefore be subject to penalties."
COMPLETE STORY:::::::::::::::::::::::::::::::::::::::::::
http://www.nytimes.com/2015/02/01/us/politics/white-house-seeks-to-limit-health-laws-tax-troubles.html?_r=0
We now have a Republican led (if you can call it leadership) congress, both houses to be precise; anyone wanna bet a dollar to a doughnut the gutless buzzards in congress do nothing about Obama changing law with executive actions AGAIN.
Comments
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That's a suckers bet. We already know they're not going to do anything.
Prime example of why you don't give the government that kind of power.
they do not tell you the government subsidies are taxable income for those over and above the EIC level. you will be required to pay the irs back all you got and all you gave. this is fact as I finished my taxes 10 minutes ago and I have started to feel a rage against king buckwheat and the non transparency of the act of welfare
THAT is going to be a HYUGE eye opener for the Obama zipper lickers. They will be seriously pissed off when they face the fact that their "Free Shiite" ain't so free... LOLZ! SUCKERZ!!!!