A US National Health Care System? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (16088)	4/4/2010 10:11:50 AM
From: Lane3	2 Recommendations Read Replies (1) of 42652

My team could write a program for the IRS to automate the whole thing. Wouldn't need anyone. All you'd need to do is assess a tax penalty, if they can't provide proof of insurance as part of their tax returns. They could write a program to kick out all those who filed income tax and haven't offered proof of insurance, assess a penalty to them, and deduct it from their refund if they're getting a refund. Your team, unless it's a team of magicians, couldn't identify anyone who didn't file a tax return, validate the claims of insurance, collect the penalty if there was not enough of a refund to cover it, or prosecute anyone.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next