February 15, 2017

If you think shelving Obamacare is lost, check this out

Today Politico is reporting there's discord among Republicans looking to repeal Obamacare and it's repeal is in doubt.  That's not actually right. While president Trump will likely have to draw a line in the sand or possibly demand a specific approach, it's still going to happen.

President Trump meanwhile is not standing still and his Executive Order is already going to make a difference at the grassroots level.  Via Reason;
Following President Donald Trump's executive order instructing agencies to provide relief from the health law, the Internal Revenue Service appears to be taking a more lax approach to the coverage requirement.

The health law's individual mandate requires everyone to either maintain qualifying health coverage or pay a tax penalty, known as a "shared responsibility payment." The IRS was set to require filers to indicate whether they had maintained coverage in 2016 or paid the penalty by filling out line 61 on their form 1040s. Alternatively, they could claim exemption from the mandate by filing a form 8965.

For most filers, filling out line 61 would be mandatory. The IRS would not accept 1040s unless the coverage box was checked, or the shared responsibility payment noted, or the exemption form included. Otherwise they would be labeled "silent returns" and rejected.

Instead, however, filling out that line will be optional.
That is truly not a small thing, if word about that gets out. You do not have to declare on your tax return. That effectively renders the mandate dead. And that in turn cripples Obamacare. So tell your friends. If Congress isn't working on it fast enough, with tax season just around the corner, you can make a difference almost immediately.

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