2.
Will the plan punish Americans who try to opt out?
What the
bill says, pages 167-168, section 401,
TAX ON
INDIVIDUALS WITHOUT ACCEPTABLE HEALTH CARE COVERAGE:
‘‘(a) TAX
IMPOSED.—In the case of any individual who does not meet the requirements of
subsection (d) at any time during the taxable year, there is hereby imposed a
tax equal to 2.5 percent
of the excess of—
(1) the taxpayer’s modified adjusted gross income for the taxable year, over
(2) the amount of gross income specified in section 6012(a)(1) with respect to
the taxpayer. . . .”
EVALUATION OF THE PASSAGE:
1.
This section amends the Internal Revenue Code.
2.
Anyone caught without acceptable coverage and not in the government plan will
pay a special tax.
3.
The IRS will be a major enforcement mechanism for the plan.
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As shown, NEVER touch a Koran without your protective dragon skin gloves.
ReplyDeleteAs shown, a first edition "Das Kapital." I know. :)
ReplyDeleteThat pic is from Capatin-Zero's swearing in on Jan 20th? Karl Marx would be so proud!
ReplyDeleteOkay, Rodge, that is easily the funniest PhotoShopped pic you've ever done.
ReplyDeleteIf it is a PhotoShopped pic, that is.
Fake but accurate?
ReplyDelete