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HomeOff Topics News & Politics › Rush Limbaugh’s guide to dodging the Obamacare tax penalty
10-27-2013 10:49 PM  4 years agoPost 1
Dennis (RIP)

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Rush Limbaugh’s guide to dodging the Obamacare tax penalty

Posted by: Joshua Riddle October 27, 2013

Remember when Obama said Obamacare isn’t a tax, then the Supreme Court said it is a tax, now people are giving guides on how to avoid the tax?

Part of the reason American politics are so screwed up is because it’s just so freaking complicated. Chill out, leave the people alone, and don’t make us waste so much time trying to figure out your layers of useless bureaucracy.

Conservative commentator Rush Limbaugh says he’s discovered a sure-fire way to skirt Obamacare’s penalties for failing to obtain health coverage next year – but you’d have to give up a fat tax refund.

The fine for failing to obtain insurance under the so-called “individual mandate,” which starts at $95 or one percent of taxable income next year, will automatically be collected by the IRS from tax refunds. But if you make sure you don’t get a refund, the agency won’t be able to collect the penalty, Limbaugh told listeners.

“If you structure your taxes so that you do not get a refund, you do not have to buy insurance and you do not have to pay a fine ‘cause they can’t collect it from you if you don’t have a refund due — and that is just another nail in the coffin of Obamacare imploding on itself,” Limbaugh said on his show Thursday night, according to a transcript.

http://youngcons.com/rush-limbaughs...re-tax-penalty/

Liberty once lost, is lost forever.

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10-28-2013 01:16 PM  4 years agoPost 2
fla heli boy

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kinda what I've been saying.
But my gut tells me they'll avoid fixing the rest of the problems, but WILL fix this little loophole....

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