with Iran’s Supreme Leader–the ultimate
hard-liner, the Ayatollah Khameini–to establish Iran as the dominant
regional power in the Middle East. But most of the deal’s opponents will
be too polite to put it that bluntly.
They're not too polite; they're too ball-less.
Irish had this: more of what happens when the IRS is the Obamacare enforcer: "Law? We don't need a law, we'll just make up another rule!"
Washington, DC (June 29, 2015) – An obscure IRS rule takes effect on
Wednesday under which small businesses that get caught helping their workers
buy insurance or pay medical bills can be fined 18 times more than larger employers
that don’t provide coverage at all, warned the National Federation of Independent Business (NFIB) today.
“It’s
the biggest penalty that no one is talking about,” said NFIB Policy Director Kevin Kuhlman.
“The penalty for compensating employees for healthcare-related expenses
is enough to destroy most small businesses.”
Under
the rule, which appears nowhere in the Affordable Care Act, employers who do
not offer a group health plan, but give their workers additional pay to
compensate for the purchase of health insurance or direct medical expenses can
be fined $100 per day, per employee.
Over the course of a year that’s $36,500 per employee up to $500,000 in
total. The penalty on businesses for failing
to comply with the employer mandate is only $2,000 per year.
I remember something about this, cannot remember if there was enough pressure to cancel this crap.
It should never have happened; the IRS should not have been making up crap like this, period. But this is what happens with bureaucrats who don't have to worry about facing any penalty for screwing with people, and idiots passing laws when they don't know what the hell's in them.
I have a hot-glue gun. After last use cooled down, put in a bag with a couple of sticks so they'd stay together and clean.
I really wish I could remember where I put them.
And so, once again I venture out to take care of some stuff before the broiler gets turned to 'high'. Stay cool, folks.
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