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But please understand that we don't want a new policy. The policy we have provides very good coverage and we want to keep it. Obamacare is causing the price of that policy to greatly increase, which we do not appreciate. The price increase is not because additional coverage and benefits are...

Here is the link to that NBC News story. Amazing. The more that becomes known about Obamacare as the program rolls out, the worse the program and its advocates look. Where are the success stories? A comment made in the article is telling. A man whose insurance policy was taken away from him...

Thanks for sharing these links. I had not seen this series of blog posts by Shelly Benisch before. Great series! Very informative. It is nice to learn more about "the multis." If the exiisted at all when Diane and I entered the industry, they did not exist in a big enough way to be noticed. Now...

Yet another government-sponsored reason for people to get out of trucking.

There we have it then. It is not a tax. It is a penalty that can be considered a tax. That consideration does not change the penalty into something else. The penalty remains a penalty.

The Supreme Court called the mandate to buy health insurance a "tax" and based its ruling that upheld Obamacare on that. That is different than the administrative fine that is imposed on people who fail to buy the required insurance. Obamacare was uhpeld by the Court. The item we are discussing...

I'm sorry, Steady Eddie, but the information reported in the stories I provided links to is exactly the opposite. It is not a tax, it is a fine. And the IRS does not have unlimited power to go after you if you do not pay the fine, for this particular item, the IRS collection powers are...

Here is another story that illustrates the program's shortcomings. Policy cancelations, higher premiums add to frustration over Obamacare Excerpt: "For many, their introduction to the Affordable Care Act has been negative: a broken website, and now cancellation notices from insurance...

Asking that question is a bit like asking, what is the best church to go to? People's answers will be driven by their beliefs, comfort zones, and personal preferences. There is no "best" straight truck because the beliefs, comfort zones and personal preferences of expediters vary greatly. Also...

The collection issue is not about the line on the form or the obligation to pay. It's about the fact that the IRS has no power to extract the money from you beyond the ability to withhold it from any refund you may have coming. In most other things where the IRS has the power to collect...

Thanks, Guido and Layoutshooter. Good to know the SlushBusters have arrived. I'll order some now.

I don't know about fuel-efficient trucks, but natural gas powered trucks are becoming increasingly common and will continue to grow in number. We see, in the present day, natrual gas fueling stations being built near truck stops. Methinks that natural gas is destined to be the truck fuel of the...

Like we don't take every deduction presently allowed? Of course we do, and we have tax professionals advising us to make sure that no deductions or credits are overlooked. Our "problem" is that profits remain on which taxes must be paid.

You and I have had this discussion before and I'm not going down that road again. I'll simply point out to readers that Cargo van operators have little in common with General Electric, and that when money people look to see how someone is doing financially, they do not look at Form 1040, line 37...

Achieving a gross adjusted income of zero or near zero may be a goal for some. It is not a goal for Diane and me. Our focus is on building wealth, not achieving a zero GAI. We're not going to reduce our income, artifically move money around or lie so a particular line on our tax form looks...

You are kidding, right?

At least for now, the IRS does not have a lot of power to collect the fine that will be imposed if you do not buy health care insurance. See: The Obamacare Penalty: Yes, It Can be Avoided See also: Obamacare Penalties: 3 Things to Know Before 2014

I am not criticizing the strategy but am interested in knowing how it will actually work. If Shayne does not pay for coverage and pays the fine instead, what will happen if she becomes ill and hospitalized and thereby generates say a $200,000 hospital bill? Who will pay or absorb the cost of...

I'm a veteran but have never looked into VA health care benefits. How do they work? What is involved? What is covered?

For the sake of owner-operators who have invested big money in their reefer trucks, I hope you are correct, but I would not bank on it. CARB rules are not new and older trucks have been phasing out for a while now; not only because of CARB rules but also because older trucks get replaced in...