Affordable Care Act: How will they Collect the "Penalty"?
> Ignorance, I bet.Ignorance rules!
> 26 USC Â§ 5000A - Requirement to maintain minimum essential coverage
> (g) Administration and procedure
> (1) In general
> The penalty provided by this section shall be paid upon notice and demand
> by the Secretary, and except as provided in paragraph (2), shall be
> assessed and collected in the same manner as an assessable penalty under
> subchapter B of chapter 68.
> (2)Â Special rules
> Notwithstanding any other provision of lawâ
> (A) Waiver of criminal penalties
> In the case of any failure by a taxpayer to timely pay any penalty imposed
> by this section, such taxpayer shall not be subject to any criminal
> prosecution or penalty with respect to such failure.
> (B) Limitations on liens and levies
> The Secretary shall notâ
> (i) file notice of lien with respect to any property of a taxpayer by
> reason of any failure to pay the penalty imposed by this section, or
> (ii) levy on any such property with respect to such failure.
I have lately undergone quite a change in my life due to huge losses such
as being assulted and battered out of my wheelchair twice in one day and
then that night having my house fire-bombed, then I got the loosened tooth
and the broken one removed and then the resultant pneumonia. The fire hit
30 years of books and records of all types. 2/3 of all my stuff is gone,
stuff I used to sell as needed to get by day to day. To make matters
worse, two out of three local casinos I used to work over for daily change
have made themselves not worth the effort, and the last one just gave a
20% pay cut in their program, so the pressure is on even more to increase
the winning rate. Still, every trip adds to the weight of the nickels
bucket. There have only been a few days resulting in less than 20 nickels,
with most bringing about 350 - 700.
I have a lot more free time now as the animals I used to spend an hour and
a half a day on got burned up in the fire. This past week most of my
freetime has been trying to get my computer working again. I lost all my
saved e-mails from my groups.
Due to the fire, and the suspicion that it may have been started by me,
I've had a lot of contact with "the system" recently, at all levels.
No need to worry, ignorance and incompetence rules. If you have any plan
for the future collapse, you're way ahead of the majority. Like the law
above shows, most of them have weasel words allowing a careful reader to
find a way to avoid unwanted aspects. After all, there is no law anymore:
Buy physical silver!