
“Delaying the ’employer mandate’ already means the government is giving up potential revenue next year, as businesses whose employees buy subsidized coverage on an Obamacare exchange would be fined $3,000 per person. In addition, without the reporting requirements of the employer mandate in 2014, ‘the exchanges and the IRS will not be able to verify whether someone’s coverage is unaffordable’ and thus whether the person is eligible for subsidies, said law professor Timothy Jost of Washington and Lee School of Law in Lexington, Virginia. That leaves it up to individual consumers to be honest about what they do, or do not, qualify for.”
http://www.rawstory.com/rs/2013/07/05/delay-in-obamacare-requirement-puts-onus-on-the-honor-system/
Related posts:
Abuse at Ecuadorian ‘gay conversion’ drug rehabs shocks authorities
Use of garages as social gathering place spurs action by officials
The 'No Fly List' operates in secret, and its power to exclude is vast
Chinese court compensates rape victim’s mother after labor camp sentencing
Gerard Depardieu claims world citizenship
Greece becoming new Kosovo as youth jobless hits 65%
Did cops need to kill a 95-year-old veteran with a Taser, riot shield and shotgun?
Bitcoin mania: A week as a crypto-currency miner
Argentina: Give Us Your Real Dollars for Our Fake Dollars
More than 1,000 escape in Libya prison break organized by area residents
Billionaire Greek Ship Owners Surface While Home Economy Sinks
Foodies Fight to Save Detroit With Job Hopes Pinned on Arugula
Obama offers plan to deal with the high cost of college
Charlottesville, Virginia Becomes First City to Pass Anti-Drone Legislation
Colorado Gun Owners Display Blatant Defiance Of New Law