1099 misc and the Health Care Bill

Excaliber · #1 (**permalink**) 12-04-2009, 08:29 PM

If you can't pay the fine because you truly lack the funds, there is no "fine". Of course your free to cheat the system in that regard, just like folks do with any other tax obligation.

Ron61 · #2 (**permalink**) 12-05-2009, 06:37 AM

Bob,

You won't go to jail immediately if you can't pay the fine. First they will confiscate any property that you own, then being homeless they will ignore you. Also the fine will become larger every year. Please don't ask me to give the page and section of the Reid bill as I have spent so much time reading through it I don't think I could locate anything right now and I haven't even begin to read all 2K+ pages of this disaster.

Ernie blew his chance the three days he was HOMELESS after selling his trailer and not having completed the transaction for his house.

Ron