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Old 10-11-2012, 21:22   #366
certifiedfunds's Avatar
Join Date: Apr 2008
Location: St. Louis
Posts: 44,788

Originally Posted by douggmc View Post
I've already explained it twice. You are looking at it from a micro-economic standpoint ... if you will. The tax penalty is the carrot/stick in the macro-economic sense to get you to get the guy to insure himself.

No penalty for not paying the IRS? What world do you live in? Stick with me: If a person can afford to buy insurance, but doesn't, that implies they have met the income/net worth threshold for it to be required. They will be afforded a tax penalty. If they don't said penalty to the IRS, their wages will be garnished and/or liens placed on assets. Just like if you don't pay any other taxes to the fed gov.
So wait.........what about the people who don't meet that income threshold? They don't get penalized? They don't chip in? But they get the same health insurance I do?

“If Thomas Jefferson thought taxation without representation was bad, he should see how it is WITH representation.”

Rush Limbaugh
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