Saturday, October 5, 2013

$4000.00 Fine - LIE!! Obamacare lies have started: One guy says opting out means 4000 fine and losing Driver's License - NOT TRUE!

ON THIS EMAIL, THERE ARE MANY LIES AND DISTORTIONS.  If we are to take this Facebook user’s claims at face value -- that his "income base was 45K-55K annually"-- and if he has no dependents, he would not have to pay any more than $550, by 2015. To pay a penalty of $4,037 in 2014, you would need to be making making more than $403,700 a year.
The post includes many elements that make no sense or are flat-out wrong -- and can be easily debunked by reading the law or reliable summaries of it. We rate it Pants on Fire.

"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 ‘Silver Plan’ and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I ‘opt-out’ and chose to continue along with no insurance. I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the ‘REPERCUSSIONS PORTION’ for ‘non-payment’ of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with ‘Non-Payment’ and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy ‘Automatically withdraw’ your ‘penalties’ weekly, bi-weekly or monthly! This by no means is ‘Free’ or even ‘Affordable’."

http://www.politifact.com/truth-o-meter/statements/2013/oct/04/facebook-posts/closer-look-facebook-post-mans-struggle-obamacare-/

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