Tag: Government taxation and revenue

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International

Toronto mayor admits he has bought illegal drugs

Toronto Mayor Rob Ford holds a Rob Ford bobblehead doll at Toronto city hall on Tuesday, Nov. 12, 2013. Up to 300 people lined up at City Hall Tuesday to buy the “Robbie Bobbie” dolls for $20 each, with the proceeds going to charity. The mayor has been dogged by accusations of drug and alcohol abuse. (AP Photo/The Canadian Press, Frank Gunn) by Rob Gilles and Charmaine NoronhaAssociated Press Writers TORONTO (AP) — Toronto Mayor Rob Ford admitted during a heated City Council debate Wednesday that he had bought illegal drugs in the past two years, but he firmly refused to step down from his job even after nearly every councilor stood up to ask him to take a leave of absence.

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Health

What’s up with Obamacare and my healthcare?

In this Oct. 30, 2013 file photo, President Barack Obama speaks at Boston’s historic Faneuil Hall about the federal health care law. Now is when Americans start figuring out that President Barack Obama’s health care law goes beyond political talk, and really does affect them and people they know. (AP Photo/Charles Dharapak, File) by Jen Christensen (CNN) — As the politicians fuss and fight over the merits of the biggest overhaul of the health insurance system in this country, you may be wondering, “What does this all mean to me?” Here’s what we know so far about what’s up with your healthcare.

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Business

Lamborghini reveals $4.5 million roofless car

by Peter Valdes-Dapena NEW YORK (CNNMoney) — Lamborghini has released photos of its latest multi-million supercar, the Veneno Roadster. The car is an open-roofed version of the Lamborghini Veneno coupe, which was unveiled at last year’s Geneva Motor Show.

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Health

Premiums unveiled for health overhaul plans

Health and Human Services Secretary Kathleen Sebelius speaks during an event discussing the federal health care overhaul in Philadelphia. (AP Photo/Matt Rourke, File) by Ricardo Alonso-ZalvidarAssociated Press Writer WASHINGTON (AP) — With new health insurance markets launching next week, the Obama administration is unveiling premiums and plan choices for 36 states where the federal government is taking the lead to cover uninsured residents. Before tax credits that work like an upfront discount for most consumers, sticker-price premiums for a mid-range benchmark plan will average $328 a month nationally for an individual, comparable to payments for a new car.

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Health

Obamacare trade-off: low premium, high deductible

This April 30, 2013 file photo shows the short form for the new federal Affordable Care Act application in Washington. Getting covered through President Barack Obama’s health care law might feel like a combination of doing your taxes and making a big purchase that requires some research. You’ll need accurate income information for your household, plus some understanding of how health insurance works, so you can get the financial assistance you qualify for and pick a health plan that’s right for your needs. (AP Photo/J. David Ake) by Ricardo Alonso-ZaldivarAssociated Press Writer WASHINGTON (AP) — You might be pleased with the low monthly premium for one of the new health insurance plans under President Barack Obama’s overhaul, but the added expense of copayments and deductibles could burn a hole in your wallet.