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Tag Archives: IRS penalties
Refuse To Buy Into ObamaCare Go Straight To Jail?
Heil Øbama! Sponsors… article continues below… politico.com— This doesn’t happen often enough. Sen. John Ensign (R-Nev.) received a handwritten note Thursday from Joint Committee on Taxation Chief of Staff C confirming the penalty for failing to pay the up to $1,900 fee for not buying health insurance. Violators could be charged with a misdemeanor and […]
"Rangel's Rule" Legislation Would Eliminate Late Fees On Past Due Taxes. Hey Us Little People Can Dream Can't We?!
Rep. Carter introduced a bill Wednesday to eliminate all IRS penalties and interest for paying taxes past due.
The legislation calls for the creation of what he calls the, “Rangel Rule,” — drawing attention to the recent legal issues of House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., enabling citizens who fail to pay taxes on time to do so later with no additional fees.