Obamacare Assessments

Spin, Don Diego! It's all about the spin.

You can feel it in your heart that it's all the Republicans fault. Feelings are what matter.

Why isn't this George W. Bush's fault?

Lol, if your view is liberal, it's Bush's fault or Russia's fault.

I'm listening for Liarry to cite her record.....lots of crickets.

Wrong. My goal is to minimize TAXABLE INCOME. I love having my money work hard for me. It works harder than I ever did.
My goal is to minimize the amount of time I work. Ten hours a week is about right. Your mileage may vary. A Government policy that encourages people to work for themselves encourages innovation and creativity. I guess the Conservative mentality just sees all change as bad and scary.

Did anyone hear that Obamacare rates in Minnesota are to increase a MINIMUM of 50 percent, and a MAXIMUM of 67 percent. I guess some choose to stick their heads in the sand. My new job, however covers my cost of medical insurance by 100 percent, and it's not a government job. No premiums, no deductible, but forkie will call me a liar. I actually have to pay a $10 copay for any medical procedure and $50 for the emergency room.

Obamacare patients.....................there prices just increased 58% on average here. Opps.

And the most effective way to do that is to minimize income.

And how does the average guy, who doesn’t own a business, lives paycheck-to-paycheck, and therefore doesn’t have much in the way of investments or a significant bank balance, do that, bill?

Perhaps. If one is a moron with no ability to think outside of the box. Earlier in the thread, I explained how a married couple can shield about $100,000 from this years taxes with just two simple deductions. Throw in the home office deduction, your travel deductions, kid deductions, continuing education deductions, your car deductions,your old underwear deductions and you can make close to $200,00 with no Federal Tax liability. Somewhere around that, you run afoul of the dreaded Alternative Minimum Tax. A subject Ill admit I know nothing about as it's never affected me.

You keep going back to the same shit. You can’t take home office, travel, kid, continuing education, or car deductions if you don’t own your own business. If you do, you can expect all of those claimed deductions to be scrutinized closely by the IRS. If you don’t, like the VAST MAJORITY of taxpayers in this country, don’t even try.

You MAY be able to claim some nominal value for the used underwear you donated to charity, just like Bill and Hillary did. If it works, whoopee for you, because you saved 2 or 3 bucks on your taxes. But you know what every charity is gonna do with your used underwear, right? They’re gonna toss it.

As time goes on, I’m becoming more and more comfortable with the term “billhole.”

I really don't get your animosity or your inability to comprehend the subject. Of course you need to own your own business to take the deductions. It's what I've been saying from the get go. A guy who drives a cab is an employee and can't. The guy who drives for uber can. The guy who sells stuff on eBay can, with the smallest of effort.
A fifty year old man who works at a place with no pension can put 6500 a year into an IRA and deduct it. That same man, if he sells on eBay at night and sets up the proper paperwork can deduct four times that, as can his stay at home wife. Now they have reduced their taxable income. Get it. The tax code looks very favorably on new entrepreneurs. A whole new world of deductions opens. It doesn't really matter if you approve or not. It is what it is.
The IRS doesn't expect you to make a profit the first year, nor the second but it will still give you those lovely deductions. I'm not really sure what your argument is at this point.
Something about we can't all own our own businesses because there will be no workers left or something?