Sidestepping the tradegy in Fort Hood for just a minute, I have to address the insanity on the Hill. 3962
H.R. 3962H.R. 3962vH.R. 3962
Today a letter was released from the Joint Committee on Taxation outlining how many will face a debtors prisons over healthcare according to Pelosi. In HR3962 Americans that do not maintain “acceptable” health coverage and choose not to pay the individual mandate tax of 2.5% of ones income, will be subject to numerous CIVIL and CRIMINAL penalties, will face fines up to $250,000.00 and could also face up to 5 years in PRISON. For healthcare????!!!!! What a bunch of yutzes!! Of course there is no way in hell it is constitutional and will never hold up in a court of law, but the arrogance, the elitism, the sheer gall of Pelosi and the Democratic controlled Congress is just sickening.
According to the CBO, the cheapest acceptable non-group health insurance plan will cost around $15,000.00 in 2016.Bud
A link to the entire letter can be found, here.
Section 6662(a) an accuracy related penalty of 20% pf the underpayment attributable to the health care tax, based on negligence or disregard (the former includes lack of a reasonable attempt to comply and the latter includes any intentional disregard of rules and regulations) or substantial understatement, if the understatement of tax is sufficiently large.
Section 6663 – a fraud penalty of 75% of the underpayment, if the government can prove fraudulent intent to avoid taxes by clear and convincing evidence.
Section 6702 – a $5,000 penalty for taking a frivolous position on a tax return, if the underpayment is intended to delay or impede tax administration and the return on its face indicated that the self-assessment is substantially incorrect.
Section 6651 – delinquency penalty of .5 percent of the underpayment, each month, up to a max of 25% of the underpayment.
Prosecution is authorized under the Code for a variety of offenses. Depending on the level of the noncompliance, the following penalties could apply to an individual:
Section 7203 – misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.
Hopefully Flemings HR615 will pass, forcing Congress has to abide by and buy the same insurance (read crap) they are trying to cram down our throats. Or maybe Joe Wilson, of YOU LIE fame, who recently queried “If this government-run plan is so good, why don’t members of Congress take the plan? [snip] “We know why the majority of the ‘Pelosi takeover bill’ does not provide this, they do know that the government-run option will not be in the interest of the American people, either individually or for the American citizens at large. I’m just very hopeful that they’ll reconsider, that they will understand if it’s good enough for the American people, it’s good enough for Congress.” Wilson says the House is “shoving this bill through.” Newsflash, cram it down our throats in 2009, we will shove it up your