As I sit here doing my taxes

Posted by $ Abaco 5 years ago to Government
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Thought I'd procrastinate this year. It hit me like a sledge hammer...When answering my CPAs questionnaire, I see the questions about where I get my health insurance.

It reminds me of why I'm finally pulling the plug and selling my property in California...Why does the government feel it must be involved in my healthcare/insurance? The only reason I can come up with is because it's the final piece in controlling my life. As you may have seen recently - they'll even SWAT team your home and tear your kids from it over this. What kind of world are we living in? What a strange paradigm we're in now... My kids get awards for school attendance every year because they NEVER get sick. I'm starting to dread that award because parents will always corner me (where in our school, like any other, at times 1/5 of the student body is out from sharing the flu) and beg me to tell them how we do it. As your tax man...


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  • Posted by CaptainKirk 5 years ago
    If you THINK Obama care was about Lower Health care costs, there are only 2 facts you should consider:

    1) It added 16,000 IRS Agents
    2) It added ZERO doctors

    I dunno, but methinks that is NOT a formula for lowering health care costs...

    BTW, you know how to drive FRAUD to ZERO in healthcare? (make people pay their own way). You notice there is no big fraud in shoes? (because government and insurance does not buy them). The Big Fraud only shows up when SOMEONE else is paying.
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    • Posted by mccannon01 5 years ago
      There was also the really weird "logic" in declaring health insurance would be cheaper and at the same time add a tax to medical devices. I still can't wrap my brain around that one!
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  • Posted by $ 25n56il4 5 years ago
    In my youth (23 - 30 ), I worked for a very large insurance group. I asked my boss (2nd from the top Executive) why we continued to write group insurance when it always operated at a loss. His response was, 'in order to sell the life insurance that goes with it...there's the profit margin'. He was an Actuary so I didn't doubt a word he said!
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  • Posted by $ allosaur 5 years ago
    Me dino done wid me taxes a week ago.. Waiting for Friday, Aprril 5, to go to the post office.
    My smarter about such stuff brother (he's an eccentric who;graduated magna cum laude at the University of Alabama and is a retired Lockheed Martin engineer who had something to do with the Stealth Fighter) has advised it is best to do taxes the old-fashioned way on paper and to mail the fed and state extortions 10 days before April 15, That, he says, increases my odds to dodge an audit due to revenue collectors being extremely busy. Been following that advice for 10 years without any problems. Knock on wood.
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  • Posted by DrZarkov99 5 years ago
    Strangely, even though the individual mandate was nullified by executive order, the law requiring you to have "adequate" insurance is still in effect. I get a 1095 from my military retirement office to show I have Tricare (even though I'm now on Medicare, and Tricare is just a supplement).

    On the bright side, for me at least, doubling the standard deduction swung me from tax payment to refund on federal tax. I get a big refund on my state tax, because both my military retirement and my IRA have minimums, even though Oklahoma does not tax Social Security, and waives 75% of military retirement. Still, I'd rather give an interest free loan to the state than the feds.
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    • Posted by $ pixelate 5 years ago
      I also like the fill in PDF form ... and the fact that the form has half the fields and the 12k standard deduction improved my life considerably. Plus no more AMT nonsense.
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  • Posted by $ pixelate 5 years ago
    This whole tax thing reminds me of the phrase "everybody pays taxes" and how this is a bastardization on the word pay -- we do not pay taxes. Taxes are taken -- they are confiscated. A withholding is a taking. But that is for our own good, don't you know -- so we don't have to write the periodic check to the State. When you write a check, at least when I do, I think about the Payee -- and what I am getting in return for my payment. When taxes turned into a withholding, it is now out of sight, out of mind. A nice bit of psychological engineering there. In any case, I just sealed up the confiscation envelope and will post it today ... then pour a glass (or two) of something to wash away the mental pain of knowing that the vast majority of that which has been confiscated will be squandered into sundry pestholes.
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  • Posted by mccannon01 5 years ago
    Hah, just finished mine yesterday. Required a nice glass of port to relax after I was done, LOL (yeah, I know. I'm usually a Guinness or Jack guy but I just wanted a bit of "fortified" wine for something different). Gosh, I'm glad I spent my working career as a programmer because the instructions are getting like deeply layered pseudo-code! The fill-in pdf forms the fed and state have now are nice, though... holy moly did I just compliment the tax man!?!?
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    • Posted by $ pixelate 5 years ago
      I agree -- the layers of instructions are vast -- and although the math itself is not complicated, there is just a considerable quantity of it... lots of rope on which to strangle oneself. I mail in my payment today - consistently keeping the check under the penalty limit.
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  • -1
    Posted by CircuitGuy 5 years ago
    I usually procrastinate, but this year I got it done early. We did our personal taxes on our own this year and just CPA for the businesses.

    “the questions about where I get my health insurance.”
    I don’t know if I did the healthcare form right because I changed insurance in the middle of the year. I understand why we have to show the gov’t we have insurance. If people don’t have money or insurance to pay for medical care, the government is unwilling to let them go without. They turn up at the emergency room, and people are unwilling to have the gov’t just pay a minimal cost to get them off the street and back to their residence. If somehow we’re going to get roped into back-door socialism of paying for their expenses, it makes total sense that people should have to prove they have insurance or money to pay for their care if they get sick.

    If we didn’t have this system and really let people go without medicine, I think most people and their families and faith communities would rise up and fill the role of the gov’t. But not all would. I don’t know how many people would rise to the occasion. I definitely agree our current system, where most customers and providers don’t know or care what prices are is really bad. The government has been trying to implement some reforms in this area:
    https://www.galtsgulchonline.com/post...
    It was something the Trump campaign released, and they actually acted on it after they won.

    “they'll even SWAT team your home and tear your kids from it over this.”
    The rare case where someone is violently arrested for a mistake or technicality like a tax a form are horrific but a really rare peril. I try to support any reforms to stop things like this, but if I spent too much time thinking about it I’d need to be put in a padded room.

    “dread that award because parents will always corner me”
    They’re a lot of people who are nuts in the world. You never know what weird demons or battles they’re fighting in their private lives. If someone’s obsessed about getting sick, which is a normal part of life, because they want a little gold star from a grade school, they obviously have some issues going on. Or maybe they just aren’t good at making conversation and they see this as a positive thing to make small talk about to get to know people better. In cases where people are truly being neurotic about something like attendance awards and I find out the underlying issue, it’s often something I never would have thought of.
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    • Posted by term2 5 years ago
      None of us SHOULD be required to get health insurance. If its a good deal, then get it. Something that costs $800 a month for $5000 deductible and major copays isnt that great. Better to put some more effort into staying healthy until 65. Then you can milk the medicare system.
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      • Posted by CircuitGuy 5 years ago
        term2: "Better to put some more effort into staying healthy until 65."

        Reiterating what I said: "people are unwilling to have the gov’t just pay a minimal cost to get them off the street and back to their residence...we’re going to get roped into back-door socialism of paying for their expenses "
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        • Posted by term2 5 years ago
          No doubt life around large numbers of other people are challenging, particularly when the members are not rational thinkers. Objectivism provides a framework to make it a LOT EASIER for people to live in close proximity cooperatively.

          I can remember growing up when my parents had major medical health insurance for the family, pcp doctors’ offices were located down the street in a section of their residences, and a lot of hospitals were run by catholic or other religious sects. Human benevolence helped out in real emergencies, and people did not take advantage of that.

          Entitlement was not the order of the day, and living in a neighborhood was a good thing

          I am thinking that perhaps one of the problems now is there are too many people living too close to each other, and their philosophy isn’t based on reason.
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          • Posted by CircuitGuy 5 years ago
            "my parents had major medical health insurance for the family"
            My grandparents talked about paying the hospital for delivering my parents. Adjusted for CPI, the amount was similar to the cost of delivering a baby without complications today. It was slightly less, but they had much less ability to deal with complications then, so we get a better deal today. What struck me was their attitude. They didn't earn that much money. They thought nothing of spending close to a month's pay on something critically important the requires a lot of expertise. Now so many people feel like they have a right to those services. The feeling I got from talking to my grandparents was not that they were bragging in any way. WWII was bad. Spending three weeks pay on good experts to deliver a baby was a blessing. As you said, "Entitlement was not the order of the day."
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            • Posted by term2 5 years ago
              If u pay cash for hospital today, it’s hard to believe the bill would be similar to as hospital bill back then, Sven adjusted for depreciation if the dollar
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              • Posted by CircuitGuy 5 years ago
                "If u pay cash for hospital today, it’s hard to believe the bill would be similar to as hospital bill back then,"
                It's remarkably close in my area. There are two hospitals that deliver babies, not counting the less expensive birthing centers that don't have full medial facilities. The hospitals have outrageous list prices, but there are three ways to get lower prices: 1) an insurance policy with negotiated rates, 2) talk to the administrator before service, 3) claim you're struggling to pay after the service when the bill arrives. I was surprised how #3 worked for my in-laws for various services over the years. They didn't threaten to declare BK or anything like that. They just said it was hard to pay, and the providers immediately knocked off most of the bill, apparently settling for what they could get from Medicare. I always negotiated beforehand, but the odd thing I found is I could get a better deal having no insurance than bad insurance. I know this from having various plans over the years.

                The whole market, such as it is, is messed up because most consumers and providers have no reason to know or care what the prices are. People think they'd like to turn over handling the buying and negotiating to insurance companies because it's the last thing they want to think about when they're sick. Unfortunately it doesn't work to hand over 20% of your expenses to a company and pay no attention. They end up frustrated.

                Maybe it shouldn't have been surprising we paid roughly the same for our kids' delivery as our grandparents. No matter how you try to slice it, you have to pay rent plus equipment plus the expertise of someone who studied a complex subject for many years; and it works out to about the same.
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