Tag: Government taxation and revenue



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.



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.



Mo. State Fair bans rodeo clown who mocked Obama [VIDEO]

This photo provided by Jameson Hsieh shows a clown wearing a mask intended to look like President Obama at the Missouri State Fair. The announcer asked the crowd if anyone wanted to see “Obama run down by a bull,” according to a spectator. “So then everybody screamed. … They just went wild,” said Perry Beam, who attended the rodeo at the State Fair in Sedalia on Saturday Aug. 10, 2013. (AP Photo/Jameson Hsieh) by David LiebAssociated Press Writer JEFFERSON CITY, Mo. (AP) — The Missouri State Fair on Monday imposed a lifetime ban on a rodeo clown whose depiction of President Barack Obama getting charged by a bull was widely criticized by Democratic and Republican officials alike.



Autos troubles, race at root of Detroit collapse

In this Aug. 18, 2009, aerial photo is downtown Pittsburgh located at the confluence of the Allegheny, Monongahela and Ohio rivers on the north side of Pittsburgh. (AP Photo/Gene J. Puskar) Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true. It came true in cities across the industrial heartland, from Chicago’s meatpacking plants to the fire-belching steel mills of Cleveland and Pittsburgh. It came true for decades, as manufacturing brought prosperity to big cities in states around the Great Lakes and those who called them home. Detroit was the affluent capital, a city with its own emblematic musical sound and a storied union movement that drew Democratic presidential candidates to Cadillac Square every four years to kick off their campaigns at Labor Day rallies.



Lauryn Hill starts prison sentence for taxes

An April 22, 2013, file photo shows singer Lauryn Hill walking from federal court in Newark, N.J. Hill has started serving a three-month prison sentence in Connecticut for failing to pay about $1 million in taxes over the past decade. (AP Photo/Mel Evans, file) DANBURY, Conn. (AP) — Grammy-winning singer Lauryn Hill began serving a three-month prison sentence in Connecticut on Monday for failing to pay about $1 million in taxes over the past decade.



Same-sex ruling has employers tweaking benefits

Demonstrators hold flags and chant in front of the Supreme Court in Washington on the second day of gay marriage cases before the court. (AP Photo/Jose Luis Magana, File) by Sam Hananel Associated Press Writer WASHINGTON (AP) — The Supreme Court’s landmark ruling on same-sex marriage has private employers around the country scrambling to make sure their employee benefit plans comply with the law.



Rapper ‘Fat Joe’ sentenced in NJ for tax case

This Dec. 20, 2012 photo shows rapper Fat Joe, whose real name is Joseph Cartagena, leaving court in Newark N.J. (AP Photo/Samantha Henry, file) NEWARK, N.J. (AP) — Rapper “Fat Joe” has been sentenced to four months in prison after admitting he failed to file federal income taxes.



Lauryn Hill tax evasion sentencing delayed

SENTENCING DELAYED–This April 15, 2011 photo shows singer Lauryn Hill performing during the 12th Coachella Valley Music and Arts Festival in Indio, Calif. (AP Photo/Spencer Weiner, file) NEWARK, N.J. (AP) — A federal judge postponed Lauryn Hill’s tax evasion sentencing on Monday but not before scolding the eight-time Grammy-winning singer for reneging on a promise to make restitution by now.