Federal reserve bank reports low wage earners have higher wage growth than others under Trump

[leov]

Just as you can avoid other penalties.

i do not pay money to bail myself out of speeding ticket, just drive slow, you have to pay ransom to avoid obamacare penalty.

 

[McBell]

it comes out out from your pocket and you can not do anything about what you get for it...

Huh?
You get medical coverage out of the payments to medical insurance.
If you do not have medical insurance you pay a fine for breaking the law.

So no, not a tax.

Not unless they're taken by the IRS for something which isn't punishment for wrongdoing.

So if the IRS collects the fine for breaking a law it is a tax?
How does that work?

 

[McBell]

you can avoid speeding ticket, never have one ...

Just as you can avoid the fine for not having medical insurance....

 

[Shadow Wolf]

Not unless they're taken by the IRS for something which isn't punishment for wrongdoing.

Is it a tax then when the IRS charges a late fee?

 

[Revoltingest]

H
So if the IRS collects the fine for breaking a law it is a tax?
How does that work?

A law requiring people to buy insurance is a dubious law.
Don't get it, & you pay a tax called a "fine".

 

[Revoltingest]

Is it a tax then when the IRS charges a late fee?

In that case there is real wrongdoing.
But to not buy insurance (especially when one cannot) isn't a crime.
Woe unto a country where gov can require us to buy anything, &
tax (or fine, if you prefer) us for not doing so.

 

[Shadow Wolf]

In that case there is real wrongdoing.
But to not buy insurance (especially when one cannot) isn't a crime.
Woe unto a country where gov can require us to buy anything, &
tax (or fine, if you prefer) us for not doing so.

All I hear in regards to car insurance is crickets chirping.

 

[Revoltingest]

All I hear in regards to car insurance is crickets chirping.

One isn't required to buy it unless one drives a car on a public highway.
And if one doesn't, the IRS doesn't collect the cost.

 

[Dan From Smithville]

From articles Ive read here and there over the past few years, many companies have increased wages for low income earners out of pressure for better wages.

I am just trying understand what this data really means.

I find it difficult to see how people can survive on $10 to $12 an hour as the only income. It is tough enough for an individual, let alone one with any sort of family.

 

[Lyndon]

just in California, the minimum wage has gone up 20% under Trump, and Trumpsters want to give Trump credit for that????

 

[leov]

Just as you can avoid the fine for not having medical insurance....

so, i can live slower and not incur any insurance too? do i have a choice not to buy? or a might of the state behind it?

 

[McBell]

A law requiring people to buy insurance is a dubious law.
Don't get it, & you pay a tax called a "fine".

Except that by the very definition of the word tax, it is not a tax.

 

[McBell]

In that case there is real wrongdoing.
But to not buy insurance (especially when one cannot) isn't a crime.

Except that it is...

Woe unto a country where gov can require us to buy anything, &
tax (or fine, if you prefer) us for not doing so.

I am not disagreeing with statement other than it is not a tax.

 

[McBell]

so, i can live slower and not incur any insurance too? do i have a choice not to buy? or a might of the state behind it?

I do not understand what you mean.
Please reword it.

 

[Revoltingest]

Except that by the very definition of the word tax, it is not a tax.

Or is it cleverly constructed to be the thing while avoiding the label.

 

[McBell]

Or is it cleverly constructed to be the thing while avoiding the label.

Feel free to argue with the word about its meaning all you like.

 

[Revoltingest]

Feel free to argue with the word about its meaning all you like.

Likewise.

 

[leov]

Or is it cleverly constructed to be the thing while avoiding the label.

5:4 vote...

 

[Revoltingest]

5:4 vote...

Not so clear, eh.

 

[leov]

Not so clear, eh.

obama care supremes vote. sounds like clear cut?