Lawrence O'Donnell: The ACA/Obamacare mandate is a 'mirage' & liberals did NOT ever want the mandate

[Tx4obama]

VIDEO here: http://www.msnbc.msn.com/id/3096434/#47972054



p.s. The video on the link above might take a few seconds to show up after clicking on it.

[Samantha]

1. Simply beautiful

Keep this on hand and re-post it periodically. You might need it Thursday ....

Sam

[still_one]

2. liberals wanted a public option or Medicare for all. This plan was just a version of the republican

and is almost identical to romneycare when he was govenor of Ma

[PoliticAverse]

3. The penalty $95 in 2014, it's $325 in 2015, $695 in 2016, or...

1.0% of taxable income in 2014, 2.0% of taxable income in 2015, and 2.5% of taxable income in 2016.

(it's the higher of the fixed fee or taxable income).

[Tx4obama]

4. Is that a personal penalty or corporate one? n/t

The corporation would get off easy paying a penalty because it would be way lower than paying for employee insurance.

Do you have a link ?

[PoliticAverse]

5. That's the personal penalty....

From: http://www.kff.org/healthreform/upload/8061.pdf

• Require U.S. citizens and legal residents to have qualifying health coverage. Those without coverage
pay a tax penalty of the greater of $695 per year up to a maximum of three times that amount ($2,085)
per family or 2.5% of household income. The penalty will be phased-in according to the following
schedule: $95 in 2014, $325 in 2015, and $695 in 2016 for the flat fee or 1.0% of taxable income in 2014,
2.0% of taxable income in 2015, and 2.5% of taxable income in 2016. Beginning after 2016, the penalty
will be increased annually by the cost-of-living adjustment. Exemptions will be granted for financial
hardship, religious objections, American Indians, those without coverage for less than three months,
undocumented immigrants, incarcerated individuals, those for whom the lowest cost plan option
exceeds 8% of an individual’s income, and those with incomes below the tax filing threshold (in 2009
the threshold for taxpayers under age 65 was $9,350 for singles and $18,700 for couples).

[Tx4obama]

6. But as stated in the 'video' the IRS can NOT collect any money at all for penalties

That is why it is really not a mandate and only a mirage.

[PoliticAverse]

7. The method of collection the IRS apparently will use is to deduct the penalty from any future refund

that a taxpayer receives from filing their income taxes.

[Tx4obama]

8. You've confused me. Did you watch the video?

Lawrence said that NO monies could not be collected.

[PoliticAverse]

9. Yes I watched it. They can't use their normal methods (leins or levys). But he didn't mention ...

that they can apparently deduct any penalty from any income tax refund you might receive.

From: http://www.leahy.senate.gov/issues_and_legislation/issues/issue/?id=ffeeb67e-6066-45ba-874c-82df51630cbd&p=ae79fcb8-2f2d-4856-bb2c-5c6c0514e3ff

Taxpayers who are required to pay a fine but fail to do so will receive a notice from Internal Revenue Service (IRS). If an individual still neglects to pay the fine, the IRS can attempt to collect the funds by reducing the amount of their tax refund in the future. Individuals who fail to pay the penalty, however, will not be subject to criminal prosecution. The government cannot file notice of lien or levy on any property for a taxpayer who does not pay the penalty.

[Tx4obama]

10. Ah okay - that makes sense. Maybe O'Donnell doesn't know about that part n/t

[liberal from boston]

11. Individual Mandate Upheld

Pete Williams reporting on NBC News right now that the individual "mandate" is UPHELD for the exact reason Lawrence first pointed out months ago; there is, by law, NO penalty for not paying the fee/tax you get if you choose not to purchase health insurance.