Tuesday, September 16th, 2014

IRS: $20,000 Per Year Per Family For Obamacare

Freedom Outpost
www.FreedomOutpost.com
February 4th, 2013
Reader Views: 2,179

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by Tim Brown

Hypocritically named, the Affordable Care Act is quickly being realized and even promoted as anything but affordable. Now, according to a final regulation put in place on Wednesday, the Internal Revenue Service (IRS) assumes that the cheapest health insurance plan under Obamacare for a family will cost $20,000 per year, beginning in 2016.

Under the Affordable Care Act, Americans are required to purchase health insurance or pay a tax to the IRS.

So how is the IRS assuming that the cost to families will be $20,000 per year? The examples they lay out demonstrate their assumptions.

The regulation reads, “The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.”

The Bronze plan is the lowest tier health-insurance plan available. There are other tiers available such as Silver, Gold, and Platinum.

According to the examples that the IRS laid out concerning a family of five would have to purchase a Bronze plan, which would cost on average $20,000 per year.

These families, which earn $120,000 per year, would have to pay a tax (yes they are using the word penalty, despite the Supreme Court’s ruling and we will continue to call it a tax here) of $2,400 in 2016.

Just so this isn’t being misrepresented, here’s their clarification of the new tax system of Obamacare:

“(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).”

What makes this even more of a travesty is that the man in office’s legitimacy is definitely in question, has just had a Federal Court rule his actions as unconstitutional (means he broke the law), and the Health and Human Services Secretary Kathleen Sibelius is guilty of breaking Federal law as well. Yet these are the people placing the chains of unlawful laws on Americans.

So what can be done about it? Doesn’t look like much can take place in Washington. However, individual State nullification of the Affordable Care Act does have potential and is spreading like wildfire through many states. For more on nullification of Obamacare and its Constitutionality, read Publius Huldah’s recent article.

About Tim Brown

Husband to my wife. Father of 10. Jack of All Trades. Christian and lover of liberty. Residing in the U.S. occupied Great State of South Carolina. Follow Tim on Twitter.

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  • http://T Evie

    Wow that is your yearly salary in the USA.

  • http://www.republicofflorida.org JoeRepublic

    The Unaffordable Care Act. Remember, they always name this shit exactly the opposite of what it means. Just run through the latest bills and reverse the meaning of the titles and you’ll usually know what the bill is about. Here are some examples.

    Patriot Act = Tyrant Act

    National Defense Authorization Act = National Offense Authorization Act

    Homeland Security Act = Homeland Insecurity Act

    You should get the idea by now.

    • Niki R.

      You hit the nail on the head. I just got a taste of how this is going to work on Saturday. I’m irate and I will be writing a letter.

  • Mandi Smith

    If he broke the law why isn’t he being impeached? Hell, the entire nation was ready to impeach Clinton for getting his rocks off in the oval office.

    • SKIP

      WHY isn’t the sacred negro muslim being impeached you ask? for the same reason black rapists, murderers, armed robbers and thieving black mayors are not in jail, COZ DEY BE BLACK and HOLDER GOTS DEY BACK! anything else I can help you with?

  • Freedom Fighter

    EVERYONE NEEDS TO JUST SAY FUCK THE FUCKING FUCKERS AND NOT PAY ONE FUCKING DIME…THINK THAT WOULD GET THEIR FUCKING ATTENTION!!!!!!!! NOT ENOUGH JAILS OR PRISONS TO CAGE US ALL, IF WE JUST TO SAY FUCK THEM!!!

    • wolf

      I’m right there with you. Fuck the government, period.

  • Individual Rights

    ah, the criminal IRS – Banking – Governmental – Tiny Pharma and Unhealth Care Industry CARTELS and MAFIA trying to exhtort $$$ from the People.

    Don’t even comply.
    The FACT is: We don’t have to pay. We don’t have to comply. The IRS is a fraud and so is the income tax scam. Look up Aaron Russo and you’ll find that there is actually NO legality to income tax and that the People are being bullied into paying into it by the un”Police.” The whole system is a scam, fraud, and a mafia cartel.

    Let the FIAT system collapse.

    Tenth Amendment Center – NULLIFY.
    State Secession NOW.
    OPT-OUT.

    • ncjoe

      Yeah thats a great idea … just refuse to pay taxes. When they are done assraping you and all that you own, you will be more than reamed out so that you will never feel it when bubbablacksnake makes you his bitch in jail. moron

      • Manwhoiswideawake

        you are such a shill and you truly are bad at it.get another job joe!!

      • REB

        You are always refering to sick sexual acts…what seems to be your personal hangup…sicko!

  • Lowtolerance

    “These families, which earn $120,000 per year,”

    Well crap, I guess I’ll worry when my income triples. Ten years ago that was me. Now, yeah, don’t make me laugh. Fuck ‘em sounds better every day.

  • SKIP

    There is going to be a lot of “lone gunmen” killed in the near future before we white taxpayers get organized and fight back, then it will get messy and ambushes will be the order of the day.

  • REB

    Very sad that the people let it get so bad…only they together can stop this!

  • HowardBeale

    When you let an illegal alien communist steal the presidency and defraud the vote for a second term, the sky’s the limit. Suffice it to say there seems to be nothing the sheeple won’t accept.

  • spencer

    @ skip…so be it,i didnt ask for this crap none of us did…buti damn well have the back of any freedom loving party thats willing to stand up for whats right how many more freedoms and good people do we have to lose,because right now their playing divide and conquer…its gotta start somewhere and a petition obviously doesnt cut it

  • PAUL REVERE

    they come by nights fall
    1 by c note
    2 by IRS

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