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...Would there be an individual mandate? Yes. Beginning in 2013, individuals would be required to have health insurance. Individuals and families who do not have insurance for more than three months in a given year would be subject to an annual excise tax of $750 and $1,500, respectively, if their income is below 300% of the federal poverty line (or $66,150 for a family of four). Tax penalties for individuals and families with incomes above that would be $950 and $3,800. The excise tax would be waived for Native Americans and individuals and families whose health-insurance...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

Thesis writer? J-term was supposed to provide a time for in-depth research and writing on campus, right? Well, with that guarantee snatched away faster than weekday scrambled eggs, we have recently discovered a possible loophole for you. Read on, future tax evader...

Author: By The Crimson Staff | Title: Make The Flu Work For You! | 9/15/2009 | See Source »

...workings of government, Rasmussen went straight from university to parliament. He became known for a meticulous, almost robotic style. Danes didn't love him, but they respected that he got things done. As Prime Minister from 2001 until last April, Rasmussen pushed Denmark to the right by freezing tax increases and cutting immigration numbers, even as he safeguarded its liberal positions on issues like gay marriage and climate change. He oversaw the complex negotiations that led to the last big intake of new countries to the E.U. and boasts, if his straightforward delivery can be called a boast, of knowing...

Author: /time Magazine | Title: NATO's Reformer: Anders Fogh Rasmussen | 9/14/2009 | See Source »

...stab at stimulus includes annual cash handouts to families with children of $3,350 per child, free high school education, the elimination of highway tolls and a four-year freeze on Japan's 5% consumption tax. A balanced budget is out of the question for now, but the DPJ says it can help pay for additional programs by cutting $97.8 billion in "wasteful" government outlays...

Author: /time Magazine | Title: A Sea Change in Japanese Politics | 9/14/2009 | See Source »

...President Barack Obama has pledged to put broadband in every home through the use of tax credits. His plan stands in contrast to President George W. Bush’s deregulatory approach and harks back to the push to bring electricity and indoor plumbing to rural America in the mid-20th century. The goal is admirable, but may not yield much progress. Top ISPs have responded with a plan to simply redefine FCC’s definition broadband at a lower speed and introduce a three-tiered access system that could force consumers to pay more to receive the same...

Author: By Adam R. Gold | Title: Building a Better Internet | 9/13/2009 | See Source »

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