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Author Topic: DUmmy dreams up scam but learns it won't work.  (Read 1813 times)

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Offline Freeper

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DUmmy dreams up scam but learns it won't work.
« on: October 19, 2013, 10:17:49 AM »
Quote
lostincalifornia (435 posts)

On Wednesday I suggested a possible way people who could not qualify for the subsidy in the ACA

because their income just exceeded the maximum amount might be able to.

The information I suggested will not work.

What I said was perhaps you could put an amount into a deductible IRA that would bring your income down to a level that would qualify for the subsidy.

It was directed at those who might have lost it by a few hundred dollars, and maybe contributing those few hundred dollars might get your income into the subsidy qualification range.

As a well informed, and kind DUer pointed out to me, the income level is based on the Modified Adjusted Gross Income, NOT the Adjusted Gross Income. The Modified Adjusted Gross Income, does NOT allow for deductible IRAs.

Sorry if this messed anyone up.


All the best

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If anyone was dumb enough to heed your advice, they deserve what they get.

Quote
lostincalifornia (435 posts)
6. This is an opportunity for Democrats to start fixing the inequalities in it NOW, while they have

just come out on top of the debt crisis.

I hope they try to do something quickly, because this could cause more issues for a lot of folks because the premiums are just too much for some if they are not subsidized

You idiots voted for the people who did this, you cheered when it was passed, you cheered when it was upheld at the SC, now that you are finding out what's in it you don't like it and it's too late because it is now the law of the land.

:ownit:


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Offline NHSparky

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #1 on: October 19, 2013, 10:19:41 AM »
DUmmies, when are you mouth-breathing sister-****ing 1 + 1 = potato inbreds gonna figure out that if the government had it's way, they'd tax every dime you have as many times as they can until you have NOTHING left?
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Offline Bad Dog

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #2 on: October 19, 2013, 10:21:52 AM »
Scratch a liberal and you will find a greedy little thief.
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Offline Dori

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #3 on: October 19, 2013, 10:25:56 AM »
What's a modified adjusted gross income?



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Offline BlueStateSaint

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #4 on: October 19, 2013, 11:05:31 AM »
Quote from: NHSparky on October 19, 2013, 10:19:41 AM
DUmmies, when are you mouth-breathing sister-****ing 1 + 1 = potato inbreds gonna figure out that if the government had it's way, they'd tax every dime you have as many times as they can until you have NOTHING left?

That's only the wymyn.
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Offline Ralph Wiggum

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #5 on: October 19, 2013, 11:07:45 AM »
Quote from: Dori on October 19, 2013, 10:25:56 AM
What's a modified adjusted gross income?





LINK

Generally, your modified adjusted gross income (MAGI) is the total of your adjusted gross income and tax-exempt interest income you may have. These are the amounts on lines 37 and 8b of IRS from 1040. Some examples of income are: wages, salaries, tips, taxable interest, certain dividends, business income, capital gains, and unemployment compensation, as well as annuities, Social Security payments and some pensions.
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Offline BannedFromDU

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #6 on: October 19, 2013, 12:45:48 PM »
Quote from: Dori on October 19, 2013, 10:25:56 AM
What's a modified adjusted gross income?






      Whatever amount they need to claim you make to get the maximum amount of government wang in your nethers.
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Offline BattleHymn

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #7 on: October 19, 2013, 01:00:49 PM »
Why aren't the primitives interested in paying their fair share?
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Offline USA4ME

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #8 on: October 19, 2013, 01:20:41 PM »
Quote from: BattleHymn on October 19, 2013, 01:00:49 PM
Why aren't the primitives interested in paying their fair share?

And that question is the bottom line. Somehow it's OK if they can find ways to cheat the system.

.
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Offline Dori

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #9 on: October 19, 2013, 01:30:21 PM »
Quote from: Ralph Wiggum on October 19, 2013, 11:07:45 AM
LINK

Generally, your modified adjusted gross income (MAGI) is the total of your adjusted gross income and tax-exempt interest income you may have. These are the amounts on lines 37 and 8b of IRS from 1040. Some examples of income are: wages, salaries, tips, taxable interest, certain dividends, business income, capital gains, and unemployment compensation, as well as annuities, Social Security payments and some pensions.

So do the dummies have to include their EBT payments and welfare  as income?
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Offline Bad Dog

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #10 on: October 19, 2013, 02:41:50 PM »
This is pretty much moot as they have stated publically that they have no ability or intention of checking the truthfulness of applicants.

edit: missing word
« Last Edit: October 19, 2013, 04:23:17 PM by Bad Dog »
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Online SSG Snuggle Bunny

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #11 on: October 19, 2013, 03:23:39 PM »
Quote from: Dori on October 19, 2013, 01:30:21 PM
So do the dummies have to include their EBT payments and welfare  as income?

The only income they count is ours.





"I couldn't help but notice your bank account has
a positive balance.

"You know, as soon as we tax you into bankruptcy
you'll be eligible for government assistance.

"Because we're nice like that."
« Last Edit: October 19, 2013, 03:27:15 PM by SGT Snuggle Bunny »
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Offline GOBUCKS

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #12 on: October 19, 2013, 04:12:39 PM »
Does anyone doubt that moonbats will simply lie about their income to make it whatever's required to get the maximum taxpayer subsidy?

Does anyone believe the information on moonbat applications for government health insurance will be checked?
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Offline 98ZJUSMC

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #13 on: October 19, 2013, 07:45:30 PM »
Quote from: BattleHymn on October 19, 2013, 01:00:49 PM
Why aren't the primitives interested in paying their fair share?

You don't want to make their heads explode, do you?


 :)
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Offline miskie

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #14 on: October 19, 2013, 09:43:40 PM »
I'm sure that soon there will be 'Honk if Obama thinks you are wealthy' bumper stickers available.
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Offline biersmythe

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Re: DUmmy dreams up scam but learns it won't work.
« Reply #15 on: October 19, 2013, 10:02:58 PM »
Quote from: NHSparky on October 19, 2013, 10:19:41 AM
DUmmies, when are you mouth-breathing sister-****ing 1 + 1 = potato inbreds gonna figure out that if the government had it's way, they'd tax every dime you have as many times as they can until you have NOTHING left?

HAHA now that's funny...

and I don't think they ever will figure that out.
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