Belly35;1140809 wrote:Is the enfoced fine a TAX or NOT? please answer?
Penalize them please, for failing to take responsibility for themselves. It's about time the IRS encourages self-reliance rather than "groveling dependency on the government"
So BoatShoes should the Goverment also put an end to Welfare and Social Sevices entitlements?
Yes, I would argue that it is indeed a tax in substance even if it has a different form than most of our taxes. It has the same economic effect as much of the internal revenue code.
I think the Obama administration attempting not to call it a tax is political. They say it's not a tax because "It's possible nobody would pay it." It's also possible nobody could pay the alternative minimum tax so does that mean it's a Penalty and not a tax? I don't buy it.
And yes, if I were king, I would replace the majority of our hodge podge of safety net programs with an expanded EITC or negative income tax (like Milton Friedman advocated for) and a Hubert Humphrey-style full employment program funded by the feds and run by the states that would provide a minimum wage job to the unemployed.
With a wage floor there would be full employment and price stability and there'd be no freeloaders because there'd be an employer of last resort and I personally believe the majority of people will work if given the chance as opposed to a government that is satisfied with high unemployment so long as the rich avoid a little inflation.
If you don't want to work for one of your state Job corps you receive no aid. An EITC or Negative Income Tax Provided to people not employed with the state job corps would encourage private sector employment.
But, it doesn't matter what I think. It is the party of "personal responsibility" that is fighting the law they created that would actually penalize people for failing to be personally responsible.