Ok, a real effect of Trump EO

People are crying a bunch about Trump Executive Orders even though the EO's basically don't say anything. Fo r instance, a bunch of people here on this fora complained about Trump's EO on financial regulations stating that it was giving the banks everything. I posted the actual EO and asked any one of the complainers or anyone else to state exactly what they didn't like about the actual EO. Not a one responded because it didn't say anything at all.
What you don't hear anymore is anyone saying anything about the very first EO Trump put out. That is Trump's EO "Minimizing the economic burden of the patient protection and affordable care act pending repeal".
We now know at least one consequence of that executive order. You ready for it?
Well, on income tax forms the filer will no longer be required to fill out line 61 of the 1040. Holy shit that's big news for Obamacare.
For you non Americans and Americans who don't know shit anyway, I'll explain. In the US each person has to file their own income tax forms. It kinda gives the illusion that paying taxes is voluntary, but it isn't. I digress. The most common form that most Americans fill out is the 1040, about 140 million of them filed each year. Line 61 of the 1040 is something to the effect of if the filer has maintained medical insurance coverage for the previous year. If you answer "no" then you pay a fine tax. Since Obamacare was passed line 61 has been mandatory. If you didn't fill it out then you are automatically deemed "uninsured" and fined taxed accordingly. If you lie about having coverage on line 61 then you go to jail. So everyone had to fill that line out.
The IRS, starting this year on the 1040's are now making line 61 optional. That is you can leave it blank. You can't lie if you answer, that's a big no no, you go to jail or fined or worse if you lie on your tax forms, but starting now you can leave line 61 blank and your return will still be filed and you won't be automatically fined taxed.
Now, can anyone see the significance of this tiny change in regards to Obamacare?
Holy Shit, you gotta hand it to Trump, he's doing an end around. Obamacare is finished, it's worthless because of this change. It's going to be so bad that Congress won't have a choice but to do something.
And not a single fucking word from the leftists about this. Don't worry, people will be raising hell about this in the coming days to let you all know to be "outraged" by Trump's newest assault on the American people so that you may virtual signal appropriately.
I gotta hand it to the IRS for once. I normally despise the IRS with good reason. But I'll give credit where credit is due. They are attempting to comply with Trump's EO and follow the law. They've basically punted the ball, but considering that the IRS are about the biggest baddest loan sharks the world's ever known or ever will know, they've been remarkably prescient and decent on this issue at least.
Hats off to the IRS. People thought it was Trump who was going to kill Obamacare when it turns out it's going to be the IRS who drives the stake into the law's heart.
What you don't hear anymore is anyone saying anything about the very first EO Trump put out. That is Trump's EO "Minimizing the economic burden of the patient protection and affordable care act pending repeal".
We now know at least one consequence of that executive order. You ready for it?
Well, on income tax forms the filer will no longer be required to fill out line 61 of the 1040. Holy shit that's big news for Obamacare.
For you non Americans and Americans who don't know shit anyway, I'll explain. In the US each person has to file their own income tax forms. It kinda gives the illusion that paying taxes is voluntary, but it isn't. I digress. The most common form that most Americans fill out is the 1040, about 140 million of them filed each year. Line 61 of the 1040 is something to the effect of if the filer has maintained medical insurance coverage for the previous year. If you answer "no" then you pay a fine tax. Since Obamacare was passed line 61 has been mandatory. If you didn't fill it out then you are automatically deemed "uninsured" and fined taxed accordingly. If you lie about having coverage on line 61 then you go to jail. So everyone had to fill that line out.
The IRS, starting this year on the 1040's are now making line 61 optional. That is you can leave it blank. You can't lie if you answer, that's a big no no, you go to jail or fined or worse if you lie on your tax forms, but starting now you can leave line 61 blank and your return will still be filed and you won't be automatically fined taxed.
Now, can anyone see the significance of this tiny change in regards to Obamacare?
Holy Shit, you gotta hand it to Trump, he's doing an end around. Obamacare is finished, it's worthless because of this change. It's going to be so bad that Congress won't have a choice but to do something.
And not a single fucking word from the leftists about this. Don't worry, people will be raising hell about this in the coming days to let you all know to be "outraged" by Trump's newest assault on the American people so that you may virtual signal appropriately.
I gotta hand it to the IRS for once. I normally despise the IRS with good reason. But I'll give credit where credit is due. They are attempting to comply with Trump's EO and follow the law. They've basically punted the ball, but considering that the IRS are about the biggest baddest loan sharks the world's ever known or ever will know, they've been remarkably prescient and decent on this issue at least.
Hats off to the IRS. People thought it was Trump who was going to kill Obamacare when it turns out it's going to be the IRS who drives the stake into the law's heart.