The Obama Hustle

The Rediscovered Truth About Barack H Obama

Posts Tagged ‘transportation

BREAKING NEWS – IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

with one comment


English: President Barack Obama's signature on...

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

Advertisements

Clinton Injured, US Navy Seal Killed In Secret US Mission To Iran

with 2 comments


Posted by     EU Times    on    Dec 30th, 2012

A new Foreign Military Intelligence (GRU) report circulating in the Kremlin today is saying that United States Secretary of State Hillary Clinton [photo 2nd right] was injured, and a top US Navy Seal Commander killed when their C-12 Huron military passenger and transport aircraft crash landed nearly 3 weeks ago in the Iranian city of Ahvaz near the Iraqi border.

Iranian intelligence agents quoted in this GRU report confirm that the C-12 Huron aircraft is still in their possession in Ahvaz, but will only admit that the plane was “forced to land because of technical problems”.

The US Navy Seal member reported killed in this bizarre incident, this report says, was indentified as Commander Job W. Price [photo 3rd right] who as a leader of this highly specialized American Special Forces unit protects high-ranking diplomats traveling in Middle Eastern and Asian combat zones.

Curiously, US media reports on Commander Price’s death say it being investigated as a possible suicide as he died from what the American Defense Department describes as “a non-combat related injury”.

Equally as curious, US media reports state that Secretary Clinton will return to work next week after her having suffered what they describe as a “nasty bout with stomach flu” and a “concussion” which have kept her missing from public view the past three weeks.

This GRU report, however, states that US military flight logs recorded by Russian air and space forces confirm that Commander Price, and other members of US Navy Seal Team 4, left their base in Urozgan Province, Afghanistan on a flight to US Naval Support Activity Bahrain where they met up with Secretary Clinton and all of them transferred to the C-12 Huron that began a flight path to Baghdad, Iraq.

Within minutes of leaving Bahrain airspace, this report says, the C-12 Huron carrying Secretary Clinton and her US Navy Seal protectors, “without notice,” deviated from their assigned flight path heading, instead, directly towards Iran’s Ahwaz International Airport where, coincidentally, Iranian President Mahmoud Ahmadinejad had previously landed on an “unscheduled” visit.

Important to note, GRU analysts say in this report, was that when the C-12 Huron entered into Iranian airspace neither American nor Iran air force units responded clearly indicating that this secret mission was sanctioned.

Upon the C-12 Huron landing at Ahwaz, however, this report says it encountered “extreme turbulence” causing it to leave the runway where its main landing gear then collapsed causing it to crash.

Within seconds of the C-12 Huron crashing, this report continues, Iranian emergency and security personal responded freeing the victims, including Secretary Clinton who was reportedly unconscious and “bleeding profusely.”

After emergency aid was given, GRU agents stationed in Iran state that another US military flight was dispatched from Bahrain to Ahwaz which evacuated all of those wounded and killed in the crash including Secretary Clinton.

Strangely to note, this report says, is that in the aftermath of this crash, Iran’s main oil company announced today that they were buying the Ahwaz airport with the intention of moving it because, they say, oil was discovered beneath it.

To what the Americans mission to Iran was about this report doesn’t speculate upon, other than to note that with the Gulf State Monarchies rapidly approaching a union of their oil rich nations to counter Iranian power, and with President Obama signing a new law this past week to strengthen American borders against threats from Iran, and with the highly-publicized “Velayat 91Iranian military exercises now taking place across a wide area from the Strait of Hormuz, a new and catastrophic war in this region is much closer to being a reality than many realize.

To if Secretary Clinton’s mission was meant to forestall such a war it is not in our knowing, other than to note, that with the United States continued backing of some of the cruelest dictatorships in the world, our entire planet is but one spark away from a fire that could very well consume us all.

Source

———————————————————————————————————————-

Breaking News

A new report by Israeli media and Mossad now FULLY CONFIRMS THIS REPORT, Hillary Clinton was indeed injured in Iran, the new report also shows that Obama has already named the new US Secretary of State: John Kerry, click here to read this new STUNNING REPORT: Obama Warned To Prepare For Hillary Clinton Death

Posted by     EU Times    on    Dec 30th, 2012

Cry and Howl

Let not him that girdeth on his harness boast himself as he that putteth it off. I Kings 20:11

YouViewed/Editorial

News , Blues and Guns ... Not Necessarily In That Order

For What It's Worth

Greenwich, Connecticut real estate, politics, etc.

Today's News 4 You

Just another WordPress.com site

Mississippi Coal

Kemper Lignite Coal Plant Connections to the United Nations' Projects

The Piratearian

Aye, It's good to be a Pirate!

Texas Tudors' Blog

Tudor and Frederick Ancestors

Banzai Pipeline

Photography & Commentary

The Ohio Conservative

Conservative thought and opinion from the Midwest

theconservativehillbilly

Confronting stupid people with the cold hard conservative fist of truth

Hump Day Report

It's America...We Can Get Over The Hump!

My Very Own Point of View

bits and pieces of what runs through my mind

The Daley Gator

If You're Left, You Just Ain't Right

Socialism is not the Answer

Limited Government Is

Sparkleplenty27's Campaign Coverage

Political News About the Campaign FACT BASED and Commentary

Old1wordpress's Blog

Just another WordPress.com weblog

talonspoint.wordpress.com/

Telling it like it is since 19....month

We the People of the United States

Fighting the Culture War, One Skirmish at a Time

%d bloggers like this: