Midnight Marauder
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- Feb 28, 2009
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- #41
And those penalties show up on your tax bill, and can be taken out of your check in increments. Just like this new tax.It's the same thing...if I do something wrong in paying my taxes, I am charged a penalty by the IRS. In other words a fine. If this is true, that people will be charged a penalty by the IRS...then it is no different than a fine levied against you for not having auto insurance. Just a different agency collecting the money.A fine is NOT a tax, ever.A fine is a tax for doing wrong...a tax is a fine for doing well.
EPIC FAIL!
fine
1. a sum of money imposed as a penalty for an offense or dereliction: a parking fine. 2. Law. a fee paid by a feudal tenant to the landlord, as on the renewal of tenure. 3. English Law. (formerly) a conveyance of land through decree of a court, based upon a simulated lawsuit. 4. Archaic. a penalty of any kind.
verb (used with object) 5. to subject to a fine or pecuniary penalty; punish by a fine: The judge fined him and released him on parole.
Are you ready to show your proof of health insurance to the IRS? Because that is what you will have to do to avoid the tax.
You don't know what the burden will be, because it's not spelled out clearly what "approved" private health insurance will even be!And no, I already have to prove all kinds of things to the IRS so this wouldn't be an undue burden, proving that I have health insurance.