Archive for the ‘obama’s taxes’ Category
By Matt Cover
(CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.
Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.
The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.
The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.
“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.
Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.
In the new final rules published Wednesday, IRS set in law the rules for implementing the penalty Americans must pay if they fail to obey Obamacare’s mandate to buy insurance.
To help illustrate these rules, the IRS presented examples of different situations families might find themselves in.
In the examples, the IRS assumes that families of five who are uninsured would need to pay an average of $20,000 per year to purchase a Bronze plan in 2016.
Using the conditions laid out in the regulations, the IRS calculates that a family earning $120,000 per year that did not buy insurance would need to pay a “penalty” (a word the IRS still uses despite the Supreme Court ruling that it is in fact a “tax”) of $2,400 in 2016.
For those wondering how clear the IRS’s clarifications of this new “penalty” rule are, here is one of the actual examples the IRS gives:
“Example 3. Family without minimum essential coverage.
“(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J’s household income is $120,000. H and J’s applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.
“(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(i) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 – $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).
“(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).”
– See more at: http://cnsnews.com/node/634414#.US7o2Lkz6CY.facebook
- IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family (ConservativeActionAlerts.com)
BREAKING NEWS – Hawaii state registrar Alvin Onaka has publicly certified to AZ SOS Ken Bennett that Barack Obama’s HI birth certificate is legally non-valid and the White House image is a forgery.
As reported to AL HENDERSHOT, Editor of The Obama Hustle.
Hawaii state registrar Alvin Onaka has publicly certified to AZ SOS Ken Bennett that Barack Obama’s HI birth certificate is legally non-valid and the White House image is a forgery. He also confirmed to KS SOS Kris Kobach that the information contained in the White House image isNOT “identical to” that in the official record.
Many of you have replied to concerned constituents that the matter is settled by the public statements of Hawaii officials, the HDOH birth index list, the newspaper birth announcements, and Obama’s posted short-form and long-form birth certificates. Onaka’s disclosure – the only one made by a HI official under oath –negates all that and fits the vast legal and forensic evidence collected so far, some of which is in my affidavit (privately posted at for NE criminal case #B2-119. Sheriff Joe Arpaio and his Cold Case Commander, Mike Zullo (both of whom initially disbelieved the skeptics) have both signed affidavits saying there is legal-quality FORENSIC evidence that Obama’s long-form birth certificate and draft registration are forged. Onaka has now revealed the REASON for the forgery: to hide the non-validity of the birth record. Evidence in my affidavit proves (among other things) that the 1960-64 birth index includes non-valid records.
Onaka’s disclosure is proof of results-altering election fraud in every state in this country, since fraudulent filing documents were used to place Obama on every state’s ballot. Absent a non-Hawaii birth record, Obama doesn’t even have a legally-determined birth date, place, or parents so nobody can lawfully say he meets the age or citizenship requirements to be President – and yet every Certification of Nomination falsely swears that he is eligible. EVERY electoral vote for Obama is thus now LEGALLY KNOWN to be fraudulently-obtained and must not be certified as lawful on Jan 8th. As with the Sandusky case, those with knowledge have legal responsibility to act, and that is now you.
Even if the majority in Congress wrongly certifies the electoral vote, that only makes Obama the President-elect. The 20th Amendment says that if the President-elect fails to qualify by Jan 20th, the Vice-President-elect must “act as President”. Without any legally-determined birth date, birth place, or birth parents, there is no way that Barack Obama could have qualified by Jan 20, 2009 – or can qualify by Jan 20, 2013, unless his birth facts ARE legally determined. The biggest favor any one of you can do for this whole process (and for Obama himself if he is to become President LAWFULLY) is to file a lawsuit (with standing) challenging Obama’s eligibility so that the records will be presented as evidence to a JUDICIAL OR ADMINISTRATIVE person or body (not legislative, according to Hawaii statute 338-17, so Congress is powerless on this issue) and birth facts determined. That’s the only way Obama can “qualify” by Jan 20, 2013.
Our President has committed perjury 6 times by swearing (in AZ, NC, and WV) that he is eligible, knowing that he has no valid HI birth certificate (and claiming a Kenyan birth in his bio until 2007), and let his spokesmen pass off two forgeries as genuine on his behalf. He knowingly allowed a decorated military surgeon to lose his life’s savings and retirement and spend 6 months in prison for simply wanting to know if his combat orders were lawful, or whether they Constitutionally had to come from Joe Biden instead – who OPPOSED the “surge”.
It appears that many felonies have been committed. An impeachment must precede a criminal investigation and trial, so failure to impeach is obstruction of equal protection & the rule of law – without which, none of your life’s work even matters because the laws you make will only be enforced when politically expedient to the powerful. A banana republic.
- 16 Civil Case Obama Challenges in Court (theobamahustle.wordpress.com)
- Hawaii officials fingered for ‘hiding’ Obama’s birth records (askmarion.wordpress.com)
- Cold Case Posse boss fingers Hawaii officials (wnd.com)
- Breaking News! Chief District Judge to rule whether there will be a Temporary Restraining Order enjoining certification of Obama’s election (theobamahustle.wordpress.com)
- Indiana: Obama Removed From Ballot? Birthers Final Chance On Monday 10/22/2012 (theobamahustle.wordpress.com)
- Supreme Court Halts Obama Election Certification (usazorrozpress.wordpress.com)
- Chief District Judge to Rule Whether There Will Be a Temporary Restraining Order Enjoining Certification of Obama’s Election by Congress… (usazorrozpress.wordpress.com)
- Petition On W.H. Website Asking For Obama’s Birth Certificate & His College & University Records (americanlivewire.com)
Donald Trump, the impossibly coiffed real estate mogul and de facto leader of the “birther” movement, had something of a Twitter meltdown in the wake of President Barack Obama’s projected victory in Tuesday’s election.
“Well, back to the drawing board!” Trump tweeted shortly after several networks, including Fox News, called Ohio in the president’s favor, sealing the win. “We can’t let this happen. We should march on Washington and stop this travesty. Our nation is totally divided!”
Trump—who last month offered $5 million to a charity of Obama’s choice in exchange for the release of the commander in chief’s college records and passport application—continued his post-election rant in 140-character chunks:
“Barack Obama is the least transparent president in the history of this country,” Trump said in a widely mocked October video shot from his New York office and uploaded to YouTube. “I’m very honored to have gotten him to release his long-form birth certificate or whatever it may be.”
Tony Rezko’s Whereabouts Discovered
By AL HENDERSHOT | Sunday, September 23, 2012 | The Obama Hustle
There have been rumors floating around as to the health and wellbeing of Tony Rezko the former money-man for Barack Obama and Rod Blagojevich.
The Obam Hustle has located the whereabouts of Antoin “Tony” Rezko, the former Obama facilitator who is now serving 10 ½ years for the crimes that he was convicted of in federal court in 2011.
The former Obama facilitator is now located at the Federal Correctional Facility in Pekin, IL. The Federal Correctional Institution (FCI) in Pekin, Illinois, is a medium security facility housing male inmates. FCI Pekin is located on the south edge of Pekin on Illinois Route 29, approximately 10 miles south of Peoria, 180 miles southwest of Chicago, and 180 miles northeast of St. Louis, Missouri.
Judicial District: Central Illinois
|Name||Register #||Age-Race-Sex||Release Date
Over the next few weeks I will be attempting to secure an interview with Rezko to discuss the several anomalies that surround his close friend and protector, Obama. It is obvious that there will be certain issues that probably will not be discussed due to the legal ramifications for his wife, Rita Rezko such as the house that the Obama’s do not own in Chicago and the Rezko lot.
Now, whether or not I secure can interview with Rezko before the election takes place will be very interesting because I want to see just how loyal Rezko is to Obama is as it pertains to his former symbiotic relationship with Obama and Blagojevich.
- Obama Rezko lot purchases, Court records prove Obama lied about contact with Rezko and Rezko requests, Obama Rezko et al Chicago pay to play (theobamahustle.wordpress.com)
- DoJ silences Obama associate Daniel S. Mahru with his freedom (nalert.blogspot.com)
- The Corrupt Orbit of Blagojevich (stlouis.cbslocal.com)
- Did Senator Obama dodge taxes on a $400,000 gift from Tony Rezko? (americanthinker.com)
- Written by a female Obama supporter who voted for him for president (twtface.com)
- Why Wasn’t This Done Before He Was Elected President (mypoliticalmusings.wordpress.com)
- BOOK: Blago claimed $25,000 channeled to Obama (investmentwatchblog.com)
- Trib reporters claim Blago heard that Rezko channeled $25K to Obama (illinoisreview.typepad.com)
- Do you know the person “acting” as our President? (iamacitizen.wordpress.com)
- Blagojevich said he believed Rezko channeled $25,000 to Obama (sgtreport.com)