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Message Subject "BREAKING NEWS" Federal law says you "CAN" opt out of Obamacare and "CAN NOT" be penalized!
Poster Handle Chrit
Post Content
You do not have to buy the “federal” policy, you do have to maintain a policy that is compliant which can be obtained outside the federal exchanges through state or private companies.

Without the Law OP listed this would be a single payer system.

This is the law you are missing to fill the info gap.

Little Snip; (a) Requirement to maintain minimum essential coverage
An applicable individual shall for each month beginning after 2013 ensure that the individual, and any dependent of the individual who is an applicable individual, is covered under minimum essential coverage for such month.

(b) Shared responsibility payment
(1) In general
If a taxpayer who is an applicable individual, or an applicable individual for whom the taxpayer is liable under paragraph (3), fails to meet the requirement of subsection (a) for 1 or more months, then, except as provided in subsection (e), there is hereby imposed on the taxpayer a penalty with respect to such failures in the amount determined under subsection (c).

Bla bla bla...



[link to www.law.cornell.edu]
 Quoting: Chrit

Ok. As usual, your brilliance astounds me. Can't you put this in simple English for those of us who don't speak Legalese?

When you're finished with your brain, I'd love to be its recipient. Seriously.
 Quoting: Éireann


It means were screwed and is an inflation based fine based on cost of living index so they sky is the limit as the decades go by.

The fine also counts your non-taxable interest based income as part of your gross income, I.E. retirement account that you are not even drawing from. So saving a good portion of your income for retirement so you can stay off S.S. and you will be punished.

Essentially the entire health care law is an income tax on everyone designed to destroy the middle class and their life savings.


Also forced the poor to sign in to government programs by force or they loose their income tax returns for the most part.
 
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