The Tax Cuts and Jobs Act repealed the individual mandate portion of the Affordable Care Act that requires people who reject the insurance to pay a penalty of $695 or 2.5% of their income, whichever was larger. That will represent a substantial tax cut for those with incomes under $50,000. However, Obamacare is still in effect and requires employers with businesses with 50 or more full-time employees to pay for their full-time employees health insurance, regardless of the cost. This is forcing many employers to reduce the number of full-time employees or go out of business altogether. -GEG
After the Republican Tax Cuts and Jobs Act repealed Obamacare’s individual mandate, many still wonder whether Republicans can repeal Obamacare in 2018.
Here’s what’s next for Obamacare in 2018.
The Tax Cuts and Jobs Act repealed the Affordable Care Act’s individual mandate. Obamacare mandated that Americans who forgo health insurance would have to pay $695 or 2.5 percent of their income, whichever is larger. The Internal Revenue Service (IRS) found that 80 percent of those who pay the Obamacare mandate fine make less than $50,000 a year, making the mandate’s repeal a huge middle-class tax cut.
Even though Republicans repealed the individual mandate, much of the Affordable Care Act remains intact. Obamacare still requires employers with businesses with more than 50 or more full-time employees still have to provide their full-time employees health insurance, regardless of the cost to the business.
The Affordable Care Act also expanded Medicaid to virtually every American under age 65 with incomes up to 138 percent above the federal poverty level. The federal government funded 100 percent of each states’ Medicaid population from 2014 to 2016. However, the federal government will wind down the federal contribution percentage to 90 percent by 2020 and beyond, adding a significant financial burden to state governments.
The Republican Tax Cuts and Jobs Act repealed Obamacare’s individual mandate, effective in 2019. On Thanksgiving, President Donald Trump promised to return to Obamacare repeal after passing historic tax reform legislation.
New Mexico is suing Google, Twitter, Tiny Labs, and other app developers for collecting data on children under 13-years-old without their parents’ permission. The apps can track where children live, play, and go to school.
Syria: A Russian military plane was shot down accidentally by Syrian anti-aircraft fire, killing all 15 on board. Initially, Moscow blamed Israel, because Israeli jets were flying in the same area as the passenger route and, thereby, attracted Syrian anti-aircraft fire into the path of the passenger plane.
The basis for the war in Afghanistan was an official document that was classified as secret but which was said to contain conclusive proof that the 911 attack on the US was directed from Afghanistan, but there was no proof whatsoever.
Google’s Chinese search engine, called ‘Dragonfly’, will censor dissidents, block information critical of the government, and will link searches to phone numbers, thus allowing authorities to identify who is making the searches. [Google finds nothing wrong with participating in this program.]
Car ‘smash and grabs’ are common in California because thieves know they will not be prosecuted. In San Francisco, police-commission rules forbid police to chase thieves if they try to escape in a car. This, they say, is to cut down on high-speed chases and, therefore, is justified because it reduces accidents.
A leaked clip shows how Facebook is used to spread political propaganda and promote hidden agendas in a way that most viewers do not detect. Be aware that there are powerful forces using sophisticated techniques to engineer your opinions about issues that profoundly affect your future.
Despite California having a vigorous economy, 20% of Californians are suffering economic hardship, mostly due to the cost of housing. Moderate wage earners age 35 to 44 are leaving California due to rising crime, heavy traffic, a growing homeless epidemic and, especially high taxes. [These are the natural effects of collectivism. Only the wealthy and the impoverished will remain in the state. Eventually, everyone will be impoverished except the ruling elite.]
Democrats are demanding that Senator Chuck Grassley postpone the vote to appoint Brett Kavanaugh to the Supreme Court following accusations by Christine Blasey Ford, 51, a far-left California professor, who claims Kavanaugh sexually assaulted her more than 35 years ago.
In a rare and unprecedented speech delivered on the House floor just two days after the nation memorialized 9/11, Democratic Hawaiian Congresswoman Tulsi Gabbard on Thursday slammed Washington’s longtime support to anti-Assad jihadists in Syria, while
Dragonfly, the search system, was designed to remove content that China’s authoritarian government views as sensitive, such as information about free speech, democracy, human rights, and peaceful protest. Poulson also had concerns over the accessibility customer data to Chinese agencies that target political activists and journalists.
Some of the evidence provided by the UK is questionable, especially since the event was used to impose sanctions against Russia, and new sanctions are threatened. Jake Morphonios shows how the photos of the suspects at Gatwick Airport in England appear to be doctored by Scotland Yard.
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The court ruled that the subsidies were unlawful, but no one will be punished. When politicians are not held accountable for their crimes, there is no reason to expect that such crimes will ever cease.
The US Congressional Budget Office estimates that it will spend $700-billion on subsidies this year to help pay the health-care premiums for Americans under the age of 65. The extravagant benefits of the government’s so-called ‘affordable health care’ has forced insurers to raise premiums by 34% in 2018.