Sunday, September 11, The death penalty victimizes the innocent children and family members of condemned men and women. Their state-sanctioned suffering, one that Californians will be directly responsible for promoting if they vote for Proposition 66, is severe. For the children, just think about it: Are they going to cry?
Twitter Facebook Hello, my question is about the tax penalty if you can afford to pay for health insurance but you choose not to, you have to pay a penalty that is taken out of your taxes every year.
I want to know what happens with that money the penalty you pay on your taxeswhere does it go, what is it used for?
Nowhere does this website give information like this. Answer When you pay the tax penalty it goes toward healthcare spending on ACA subsidies, Medicare, Medicaid, and other federal and state healthcare programs.
Or at least that is the easiest connection to make. The reality of our economic system is that it is way more complex than that.
In reality, borrowing, spending, revenue, and paying back the debt have a complex indirect relationship that spans across the entire economy and many different public and private entities from Congress, to the Fed, to investment banks, to lenders, to borrowers like you.
Speaking loosely, and putting aside the different places money goes in between, all taxes paid to the IRS a Treasury Agency go into a single fund which gets used to pay back debt we borrow to spend and then pay back debt with tax dollars. Healthcare is super expensive, so when someone goes without insurance they pay a penalty as part of their shared responsibility of providing health care to over million Americans.
It may seem unfair on the surface, especially since one doesn't get anything except a fee if they "opt-out" by not getting coverage, but the cost represents the idea that everyone uses the health care system eventually among other things.
This conversation could go on, but that is the gist. So in summary, the exact mechanics of how spending and revenue work are very complex, but generally tax dollars go to pay down the debt much of which was created by healthcare spendingso congress can create more debt, so they can spend more money on healthcareWhere Does Tax Penalty Money Go?
I make minimum wage at a part time job (25 hrs a week), I have no vehicle, so I stay close, ad I ride a bicycle to work. My company does not offer health insurance.
This plan is far from “affordable” to the middle class. Since its existence my premiums, deductibles and copayments have skyrocketed.
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existence od death penalty is questioned as immoral. This however is a surreal argument as keeping one person leading to its legal incorporation and has been in legal existence in India, ever since. In the 20th century, there was a movement for the abolition of death penalty, Why Must Death Penalty Continue To Exist?.
Capital punishment, also known as the death penalty, was the first detailed analysis of capital punishment to demand the abolition of the death penalty. Jeremy Bentham, regarded as the Several international organizations have made the abolition of the death penalty (during time of peace) a requirement of membership, most.
In another sample essay on the death penalty, we wrote that the death penalty was a modern tragedy because the deterrence argument does not hold up. The cost to taxpayers The price of execution/5(16). Capital punishment, also known as the death penalty, was the first detailed analysis of capital punishment to demand the abolition of the death penalty.
Jeremy Bentham, regarded as the Several international organizations have made the abolition of the death penalty (during time of peace) a requirement of membership, most.