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Gruber: Mandate Opt-Out?! [View All]

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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-10 11:13 AM
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Gruber: Mandate Opt-Out?!
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Edited on Sat Mar-20-10 11:15 AM by vaberella
What? I didn't know that there was an opt-out mandate. If it costs more than 8% of your income...then your not subject to a mandate. And he said there were others. He's summarizing since there are a lot of things going. I wish I was in this room so I can come with some questions.

Jonathan Gruber is an economist from MIT. He's the one who helped design the said bill. He's currently talking about the Cadillac tax.
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  -Gruber: Mandate Opt-Out?! vaberella  Mar-20-10 11:13 AM   #0 
  - All you need now is an accountant and a tax atty. Awesome!  kenny blankenship   Mar-20-10 11:19 AM   #1 
  - WTF? All you need is grade school math  DrToast   Mar-20-10 11:25 AM   #3 
  - No. You need professionals to PROVE your income is what you say it is.  kenny blankenship   Mar-20-10 11:34 AM   #7 
     - You sound like someone that has no experience doing your own taxes.  phleshdef   Mar-20-10 11:35 AM   #10 
     - Yeah. But low income people get FREE income tax filing.  vaberella   Mar-20-10 11:52 AM   #11 
  - No one has access to a calculator? Pen and paper & basic multiplication and division is enough. n/t  vaberella   Mar-20-10 11:32 AM   #5 
  - you are also exempt if you don't make enough to file a tax return  Orangepeel   Mar-20-10 11:34 AM   #8 
  - Poor people get medicaid and its simple math regardless.  phleshdef   Mar-20-10 11:34 AM   #9 
  - Yep, most people don't realize that  DrToast   Mar-20-10 11:24 AM   #2 
  - Yup, that's what he just said.  vaberella   Mar-20-10 11:28 AM   #4 
  - yep  Orangepeel   Mar-20-10 11:33 AM   #6 
     - So if we use the following scenario:  Massacure   Mar-20-10 05:05 PM   #12 
        - Yup, so basically people will never really be penalized. n/t  vaberella   Mar-20-10 05:08 PM   #13 

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