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.
Problem is, most of his zombies don't work and we will be paying for them. This is just his way of owning us, Also they should stop calling it a penalty since John Roberts said it is a tax.
Crises is coming as planned.
If we keep on fighting the marxist this way we have been we have already lost.
How do you suggest we respond to this Mr. Stevenson ?
We all must volunteer to serve on local and state executive committees, vet candidates, walk precincts, work phone banks to elect a veto-proof congress, and then keep in touch with them to make sure they keep the faith of the campaign.
how am i supposed to pay that my wife works it cost 180 bucks to drive to work for 2weeks and then she makes 12 every 2 weeks then they tax the chit outta her almost 3oo then we buy little food pay a 220 electric im disabled from a fishing injury i been turned down for disability 4 vertebrae bad back no medical all my kids are ak tribal card holders were on the Flathead rez they kicked all of them of medical and there full american native card holders i don't care about me but my kids this sucks i cant pay this
It's not a penalty, it's a TAX. Maybe the obama zombies will get a little taste of their obam pills.
The obama zombies are getting defferals, another way to pick and choose winners and loosers.
I'm not Stevenson -- Coles here: but I suggest non-compliance -- massive civil disobedience . As we approach 2016 clean out and close your bank accounts ... if you have the option of getting a paycheck instead of direct deposit take that option ... they'll get their taxes but you can mitigate that by changing your exemptions for a year ... and then refuse to cooperate in any way... I believe we can crash the entire O'care scam if enough of us refuse to play along.
This is the tip of idea iceberg ... it won't be easy since the Feds have their hooks so deep into our lives but it can be done.
YES I AGREE I have been saying but no one listens!Stop paying taxes put that same amount that you would pay into a savings account.When the theives in dc no longer get our hard earned money the govt will shut down!they can not and will not try to arrest every one!IF EVERY AMERICAN BUMBS THEIR DEDUCTIONS UP TO 99 AND PAYS NO TAXES OUT OF THEIR PAYCHECK AND SETS THAT MONEY ASIDE IN SAVINGS ACCOUNT AND DO NOT SPEND IT SO AT THE CORRECT TIME IT CAN BE REPAID AFTER WE COLLAPSE THIS CORRUPT GOVT AND MAKE THEM MAKE CHANGES.THEY ARE GOING TO CRUSH US ONE WAY OR ANOTHER BUT IF WE SHOW THEM WE WILL FIGHT BACK THEY WILL LISTEN.THE COMMUNIST LEFT ARE THE PROBLEM WHEN YOU GO TO VOTE VOTE EVERY GOVT OFFICIAL OUT OF OFFICE AND START OVER WITH CONSTITUIONALIST CONSERVATIVES THAT WILL GO CLEAN OUT DC OF ALL THE COWARDS IN REPUBLICAN SIDE AND ALL THE COMMUNISTS ON THE LEFT SIDE
My biggest mistake in life was to have worked for 56 years.
We the people already work 4 months to just pay taxes, this will round it out to nearly a year for a lot of people.
We are getting closer to Statism.