Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: JeanDavid Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121252  
Subject: Medicare prescription drug coverage tax Date: 2/23/2013 1:37 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
My letter from SSA includes an item,

"Your 2013 deduction for prescription drug coverage income-related monthly adjustment amount based on your 2011 income tax return is $11.60."

Now I really resent this because I am NOT signed up for Medicare Part D because my prescription drug coverage is from my former employer, and I have a whole pamphlet explaining that it is legally equivalent to Medicare Part D so if I ever want to switch, I will not get a surcharge. So why must I pay a surcharge for Medicare Part D when I do not get Medicare Part D?

So I called up SSA and they explained that tough, that is what the law says and I am stuck with it.

"Why?? This is tax law, not logic.

"Because Congress said so" is the only answer to pretty much any law."

The Congress is made up of a bunch retarded lawyers who could not make it in private practice and had to go on wellfare, drawing sneak pay as presumably representing the people. They would not know a logic if they stumbled over it on the men's room floor.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Mobileye's Growth too Hot?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement