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  1. #1
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    Default Tax changes because of health insurance mandate

    Since this is the place for off topic, I was reading that the new health insurance mandate by the communist muslim Kenyan in the White House takes effect for 2014. Now is the time to lay the ground work for getting out of that grab of our money by covering yourself. You may have insurance now but what if you get laid off? You probably won't be able to give 90% of your uenmployment for COBRA and still live anywhere other than under the bridge (but hey at least you have insurance...) so they do exempt you if you belong to a religion that is exempt from the requirement.

    Now might be a good time to look into changing your religion, just in case. I'm going to change mine pretty shortly and just wanted to pass that along.
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    I don't think that a credit card forum is a good place to be starting controversial political debates which is where I see this thread going. There are other, more appropriate places, to post things like these. If you wanted to avoid this you could have simply posted on your method to get around the new health care plan and left out the political dogma.
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    Quote Originally Posted by darkguy2 View Post
    I don't think that a credit card forum is a good place to be starting controversial political debates which is where I see this thread going. There are other, more appropriate places, to post things like these. If you wanted to avoid this you could have simply posted on your method to get around the new health care plan and left out the political dogma.
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    Agreed on the political, jingoistic and quite possibly racist comments.

    And besides, some of us will depend a lot on the health mandate changes (I have a special needs son and it will make a difference, even with my excellent company insurance). Perspective is in the eye of the beholder.
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    Ok, so can someone explain exactly what the healthcare mandate is? Basically as I understand it, you have to pay for healthcare now, or you get fined and go to jail after a certain time... Well, what happens if you can't afford healthcare because it's astronomically expensive in this country?

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    What is known as the "individual mandate" means that all citizens and legal aliens in this country must engage in the health care insurance system at some point. If you already have health insurance with your company or if you take it privately through some specific provider, then you won't have to do anything. If you don't have health care, you must choose a plan that your employer provides (and all employers over a certain number of employees must provide a basic plan) or you can choose a plan offered in a government-run exchange program (either state exchange or a federal one if your state choose not to participate).

    The politics behind this are quite partisan, despite the fact that the very idea of the individual mandate grew out of he very conservative Heritage Foundation. The idea was to answer the question of how would universal health care look from a conservative (GOP) approach rather than what other countries had done. The solution was to leverage the insurance system we already had and expand it for nearly all Americans. Insurance works best when you have large groups of people participating. In order to do that, you literally had to mandate by law that everyone participate or there would be some sort of penalty. The penalty written into the law could be enforced in the tax code (and upheld by the Supreme Court) where if you chose not to buy healthcare, that a monetary penalty could be enforced against your income taxes. But no one is likely to go to jail for not taking health insurance. They just won't get as much a refund on their income tax.

    The mandate was considered to be the compromise plan at one point compared to alternatives. One option was to leave the current system as is, but everyone pretty much agrees that status quo only threw more and more people out of the health care system due to rising costs. Others wanted a single-payer health care system, commonly used in Europe and most other nations. We use the same system for Medicare and the VA health system in the US. Downsides to that system is that it usually requires a high level of taxation to maintain the system.
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    I'm actually not a conservative, not at all. Nor am I a "racist". I don't care what color he is. Is saying he's a Kenyan, which was a joke, a racist remark? He kind of is a communist, to be honest, but I doubt he's a muslim. With all he's given to business in his term, I'm surprised the business community hates him as much as they do.

    Anyway I am no racist nor a conservative, that was tongue in cheek.

    I will say I totally disagree with that law and it's going to screw many of us before it's over. The illegals will still get free healthcare that we pay for, while we can't get that. That's not all Obama, but it will happen.

    I'm just trying to suggest ways to protect yourself from this predatory government. And I think most of us can agree it is one hell of a messed up predatory government we have, with no end in sight to that.

    Basically his plan didn't fix a thing that's wrong with our system like enormous costs with care that doesn't come close to matching the costs, and so on, he's only forcing people to buy insurance and taxing the hell out of them if they don't or can't. Just what this country needs is the government taking yet MORE of our hard earned money.

    But we need to protect ourselves from the government and people should be aware of what is going to hit them and plan ahead for that. I'm changing my religion now to get around this. I have insurance now but I have no more job security than any of you do, and I don't care to be hit with a tax penalty while I'm on unemployment, a double kick in the pants courtesy of this government. So I"m just saying.

    And no I'm not PLANNING to get laid off just saying, could happen any time, it's happened before and it could happen again. Only a fool thinks he has any job security.
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    I'm afraid to ask you MemberSince99, but do you really want what happened to you on myFICO to repeat itself here?
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    Quote Originally Posted by hjamespyun View Post
    I'm afraid to ask you MemberSince99, but do you really want what happened to you on myFICO to repeat itself here?
    If I have to be afraid of speaking my opinion, then they might as well do it and be done. If I have to say everything in PC mumbo jumbo using corporate buzzwords and sound like a company's mission statement in everything I say, then by all means, shut me down now. If taken far enough, and I've seen this done on some forums, you can't say anything because someone will be offended. You could say the weather looks great today and someone would be hacked off because it's raining where they are and you just pointed out at their expense that your weather is nicer and you offended them.

    In the case of MyFICO, as I mentioned, it was one mod who had it in for me. I was dumb enough to give him ammo, and he was all too happy to use it. Whatever, I don't miss posting there, I haven't even read it in weeks, it gets tiresome listening to the fanbois howling that a single inquiry in your life is a crime against humanity and how anything higher than 4% utilization is a HUGE red flag that means you're deep in trouble with debt. Maybe getting banned honestly would be a favor in the long run. I might get more out of life. I never found it to be a bad thing on FICO, when I think about it.
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