Penalties in Obamacare to rise in 2015
Finding out what’s in it: Based on how the law was written, the Obamacare penalties for not having insurance will jump significantly in the next two years, going from trivial to serious.
The fines for the 2014 year were relatively modest — $95 per person or 1 percent of household income (above the threshold for filing taxes), whichever is more. But insurance scofflaws face a sharp increase if they don’t get covered soon. The fine will jump in 2015 to $325 or 2 percent of income, whichever is higher. By 2016, the average fine will be about $1,100, based on government figures.
But don’t worry, that’s not all. The law is also going to impact small businesses badly in 2015.
So, explain to me again why you voted for the Democrats who created this law?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Finding out what’s in it: Based on how the law was written, the Obamacare penalties for not having insurance will jump significantly in the next two years, going from trivial to serious.
The fines for the 2014 year were relatively modest — $95 per person or 1 percent of household income (above the threshold for filing taxes), whichever is more. But insurance scofflaws face a sharp increase if they don’t get covered soon. The fine will jump in 2015 to $325 or 2 percent of income, whichever is higher. By 2016, the average fine will be about $1,100, based on government figures.
But don’t worry, that’s not all. The law is also going to impact small businesses badly in 2015.
So, explain to me again why you voted for the Democrats who created this law?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
A new friend of mine moved to S.C. from CA. to escape the high cost of living. She has a part-time job with no health care. Until she finds a better job she is struggling to survive. It looks like she will have to pay the Obamacare fine which she cannot afford. This just adds insult to injury.