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a look at taxes imposed by obama's health care law


a look at the $1.1 trillion in taxes over 10 years imposed by former president barack obama's health care overhaul. the revenue helped pay for the law's expansion of coverage to millions of americans.the revenue estimates are by the nonpartisan congressional budget office and congress' joint committee on taxation. they could differ significantly from whatever republicans propose in their effort to erase the law and replace it:—3.8 percent tax on investment income over $200,000 for individuals, $250,000 for couples: $223 billion in revenue over 10 years.—tax penalty on larger employers not providing health insurance to workers: $178 billion.—annual fee on health insurance companies: $130 billion.—0.9 percent medicare surtax on income over $220,000 for individuals, $250,000 for couples: $123






gop must decide what to do with health law taxes


washington — republicans love cutting taxes, especially if they were authored by a president named barack obama. but as they push their wobbly effort to erase his health care overhaul, they're divided over whether to repeal the levies the law imposed to finance its expanded coverage for millions of americans.it's a trillion-dollar dilemma — actually closer to $1.1 trillion. that's the 10-year price tag the nonpartisan congressional budget office puts on revenue the government would lose if the law's taxes on wealthy people, the insurance and pharmaceutical industries and others were eliminated.republicans and president donald trump have been edging away from their promise to quickly eliminate obama's entire law. still, annulling its taxes would be a partial victory and is irresistible for






gop dilemma on health law taxes: to repeal or not to repeal?


powered by livefyre the opinions expressed in reader comments are those of the author only, and do not reflect the opinions of the seattle times.






gop must decide what to do with health law taxes


washington (ap) — republicans love cutting taxes, especially if they were authored by a president named barack obama. but as they push their wobbly effort to erase his health care overhaul, they’re divided over whether to repeal the levies the law imposed to finance its expanded coverage for millions of americans.it’s a trillion-dollar dilemma — actually closer to $1.1 trillion. that’s the 10-year price tag the nonpartisan congressional budget office puts on revenue the government would lose if the law’s taxes on wealthy people, the insurance and pharmaceutical industries and others were eliminated.republicans and president donald trump have been edging away from their promise to quickly eliminate obama’s entire law. still, annulling its taxes would be a partial victory and is irresistible






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bernie sanders attacks mike mulvaney over defunding planned parenthood


vermont senator bernie sanders grilled rep. mick mulvaney (r-s.c.), the white house budget chief nominee, on tuesday over his 2015 crusade to defund planned parenthood and his stance that social security is “a ponzi scheme,.”sanders referenced a july 2015 letter in which the congressman wrote to house republicans “vehemently urging” them to “use every available tool” to defund planned parenthood.“i hear a lot of talk in this body from our republican friends about choice. ‘we want to give people choice,’” sanders said. “two-and-a-half million americans, many low-income women, choose planned parenthood as their choice for health care. why would you deny them that choice?”when mulvaney responded by saying he wanted to move funding from planned parenthood to federally qualified health care cli






gop dilemma on health law taxes: to repeal or not to repeal?


washington — republicans love cutting taxes, especially if they were authored by a president named barack obama. but as they push their wobbly effort to erase his health care overhaul, they're divided over whether to repeal the levies the law imposed to finance its expanded coverage for millions of americans.it's a trillion-dollar dilemma — actually closer to $1.1 trillion. that's the 10-year price tag the nonpartisan congressional budget office puts on revenue the government would lose if the law's taxes on wealthy people, the insurance and pharmaceutical industries and others were eliminated.republicans and president donald trump have been edging away from their promise to quickly eliminate obama's entire law. still, annulling its taxes would be a partial victory and is irresistible for






minnesota lawmakers want to bury tax on viewing caskets


st. paul, minn. — minnesota lawmakers want to end the state's mysterious tax on using viewing coffins during funerals.caskets and urns are exempt from tax, but "viewing coffins" used during a service can leave the bereaved with an unexpected tab, minnesota public radio (http://bit.ly/2kc0vty ) reported.gov. mark dayton's tax-cut proposal would change the law to make such caskets, where the shell is reused but the interior is not, tax free. the change appears to have broad support so far.the viewing casket is subject to the 6.875 percent state sales tax and any applicable local sales taxes. minnesota department of revenue officials say it works out to about $70 tax on a $1,000 rental, and possibly more with local sales tax."it doesn't quite make sense," said jeff hartquist, president of the






this state lawmaker wants to stop california cities from taxing netflix customer


multiple california cities began exploring whether to tax consumers for watching netflix and other streaming video services last year, and now a los angeles lawmaker wants to ban the idea. emblyman sebastian ridley-thomas, a democrat, has introduced embly bill 252, which would prohibit cities from implementing so-called “netflix taxes.” pasadena and other cities have been weighing whether to extend existing taxes on cable-television subscribers to those who used video-streaming services. cities had argued such taxes make sense as revenue sources, especially as more and more residents are cutting off their cable television subscriptions in favor of video streaming. ridley-thomas’ bill, which he’s calling the stream act, would prohibit such taxes until 2023, enough time to allow the vide






online fundraiser trolls ky’s tea party governor over unpaid taxes


kentucky’s tea party gov. matt bevin hasn’t paid property taxes from last year on his louisville home, so his critics set up an online fundraiser to mock him.the republican governor was supposed to pay $9,157.05 in 2016 property taxes for his private residence, valued at just under $700,000, in the city’s cherokee gardens neighborhood, reported wdrb-tv.the amount swelled to $11,080.03 with late fees and penalties after bevin failed to meet the dec. 31 deadline, according to records maintained by the jefferson county sheriff’s office.the bevins paid their property taxes on time between 2012 and 2015, the sheriff’s office said, and a local government database indicates they paid on time until last year since buying the home in 1999.a gofundme page was set up to ridicule the governor, a small






use the tax breaks you’re entitled to


tax experts say many people overpay their taxes because they are not taking a ntage of all the credits and deductions to which they are entitled.washington — donald trump’s acknowledgment last fall that he had not paid federal income tax in years left some questioning why they should have to pay taxes.“i think you pay taxes because it’s the right thing to do,” national taxpayer advocate nina olson says.but that doesn’t mean you don’t take tax benefits to which you’re entitled.“it’s easy to point to some of the provisions that you may feel are in the law that are written to let some people pay zero taxes and ignore that you are getting significant benefits delivered to you through the internal revenue code to you, yourself,” she said.tax preparation tipsamong those:“if you’re an employee, y






pay the irs late? at some firms, it’s a smart move


some business owners decide that it’s cheaper and more convenient to pay their taxes late — and incur penalties — than to take out a loan to get them through specific short-term issues. but experts advise not to do this step lightly.new york — the idea of paying taxes late and incurring irs interest charges elicits a stern “don’t do that!” from many tax professionals. yet some business owners decide it’s cheaper and more convenient than taking out a loan. so those with short-term cash-mana ent issues or personal expenditures like college tuition may make a strategic decision to pay the government late.trey taylor’s employee-benefits consulting firm was debt-free last year, and he wanted to keep it that way. but 2016 was the first year taylor was required to provide health insurance for his






ibm's watson wants to help you do your taxes at h&r block


ibm watson can now do your taxes for youibm's watson is going to start doing taxes via a partnership with h&r block.the companies said that h&r block will apply watson to tax preparation starting february 6. tax professionals will use watson to improve customer service, identify credits and deductions. ibm and h&r block sais watson will augment humans. in addition, h&r block with watson will air a super bowl commercial in the first quarter to court customers and differentiate in a crowded tax prep field. here's how it'll work. filers will be offered a cognitive interview with watson, which will use its cloud services to connect the dots between what clients say and areas of their returns.watson's tax knowhow will be based on the federal tax code with its 74,000 pages as wel






california lawmaker raises possibility of delaying licensing of recreational mar


amid concerns that california may not be ready to issue licenses for the sale of marijuana by next year, one state lawmaker raised the possibility thursday of the legislature stepping in to delay taxes and permits. at a hearing thursday, the senate budget and fiscal review committee heard testimony from legislative analyst's office representatives who said it is unclear whether the trump administration will enforce federal laws that designate pot as an illegal drug, complicating california's rollout of proposition 64, which legalized the sale of marijuana for recreational use. state sen. holly mitchell (d-los angeles), chairwoman of the committee, said she was concerned about banks being unwilling to handle marijuana sales revenue because the drug is still illegal under federal law, whi






donald trump’s russia comments sow confusion, draw fire


u.s. president donald trump faced criticism sunday from fellow republicans as his administration sowed confusion about its approach to russia, the latest example of the new commander-in-chief creating distractions from the work of unifying his party around plans to cut taxes and rework health-care laws.in an interview that aired sunday on fox, mr. trump appeared to draw an equivalence between president vladimir putin and the...






records show kentucky governor has not paid property taxes


frankfort, ky. — records show kentucky's republican governor is late paying his 2016 property taxes on his louisville home.the jefferson county sheriff's office website shows gov. matt bevin owes $11,080 on his barberry lane home in louisville, which has an essed value of nearly $700,000. the bill includes a 10 percent penalty because it wasn't paid by jan. 31. the original tax bill was due dec. 31. it increased by 5 percent in january and 10 percent on feb. 1.the website shows the bill has not been paid as of wednesday afternoon. jefferson county sheriff's office chief financial officer teri geraghty noted the website's records are one day behind.a spokeswoman for bevin did not respond to a request for comment. the news was first reported by wdrb-tv and comes on the day bevin is scheduled






why you might have received a 1099-c tax form in the mail


if you received a 1099-c tax form in the mail, you might be wondering where it e from and why it exists. you typically get this form when you settle a debt. it means you owe taxes on the amount of debt that was forgiven or canceled. there are a few other reasons you may have received this form, though.according to irs rules, lenders should file a 1099-c if they’ve canceled $600 or more worth of debt. as marketwatch explains, there are four common reasons this could happen:you settled a debt for less than what you originally owed and the creditor picked up the remaining balance (debt forgiveness).you did not pay on a debt for at least three years, and there was no collection activity for the past year.your home was foreclosed and your deficiency (the difference of what was owed and the valu






supreme court nominee in his own words


"judges should... strive (if humanly and so imperfectly) to apply the law as it is, focusing backward, not forward, and looking to text, structure, and history to decide what a reasonable reader at the time of the events in question would have understood the law to be — not to decide cases based on their own moral convictions or the policy consequences they believe might serve society best.""judges should be in the business of declaring what the law is using the traditional tools of interpretation, rather than pronouncing the law as they might wish it to be in light of their own political views.""throughout my decade on the bench, i have watched my colleagues strive day in and day out to do just as socrates said we should — to hear courteously, answer wisely, consider soberly, and decide i






denver health plans to opt in to medical aid-in-dying law by july – the denver p


denver health medical center patients who are terminally ill will be able to receive life-ending prescriptions through colorado’s new medical aid-in-dying law, but not until mid-year.denver health has decided to opt in to the new law, but is taking time to develop a policy before opening up the option to patients. the medical center is researching differences between state and federal laws and is “working diligently” to answer questions before putting its policy in place by july 1, the hospital said.until then, patients who wish to use the law will receive referral istance and denver health will transfer relevant records to another health care provider.uc health and kaiser permanente also will participate in the law, which voters p ed in november. about 30 hospitals so far have opted out o






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dignity my care helps individuals and families to stay informed, stay educated, and take a more active role in their health. through the dignity my care mobile app, you have real-time and easy access to your online portal. this portal shows your latest health care information and provides services needed to plan, understand, and engage in your care. once your account is created with dignity, simply sign in with your cerner health username and p word. features include: securely messaging your provider. view upcoming appointments. accessing medical information and health documents.






trump health pick says maternity coverage should be optional


washington — president donald trump's pick to lead the government's major health insurance programs says maternity coverage should be optional for patients.indiana health care consultant seema verma tells the senate finance committee that patients — not the government — should determine the insurance benefits they need.verma was facing questions from michigan democratic sen. debbie stabenow about the obama-era health law. that law made maternity and newborn coverage a mandatory benefit for all health insurance plans.verma tells stabenow that some women want maternity coverage and "some women might not choose that."republicans have criticized the law's requirement that insurers cover a standard set of "essential" benefits, including women's health services.verma would head the centers for m






even more reasons why you should file your taxes as early as possible


we’ve mentioned before that you should file your taxes as early as possible to thwart identity thieves and give yourself time to make payments. if that’s not enough motivation, here are a few more reasons.advertisementas personal finance site money ning points out, if you’re buying a house or filing a fafsa, you need to include tax return information. putting off your taxes can take those processes take longer as well. on top of that, if you wait until april to file your taxes, and it turns out you need an extension, it can cost you in fees:tackle them sooner if your taxes are a headache. you’ll catch mistakes and missing paperwork early enough to buy some time without having to file for an extension. the biggest risk with an extension is that you owe taxes in full on april 15, before you






intuit cuts q2 outlook, says tax season off to slow start


intuit said its second quarter profits would be lower than expected due to a slow start to the tax season.the company, which caters to small businesses but makes most of its profit during tax preparation season, said its revenue will be between $1.01 billion and $1.05 billion with non-gaap earnings of 24 cents a share to 25 cents a share. wall street was expecting non-gaap earnings of 36 cents a share on revenue of $1.06 billion. according to intuit, tax season is "forming more slowly than usual," but revenue will wind up shifting to the third quarter. intuit didn't flag competition from h&r block, which is using ibm's watson platform to prep taxes. intuit explained that consumer tax revenue is recognized as returns are filed. data from the irs indicates that tax preparation across all






california looks to build $7 billion legal pot economy


sacramento, calif. — a handful of california government workers face a difficult task: by jan. 1, craft regulations that will govern the state's emerging legal pot market.californians last year approved a ballot measure that legalized the recreational use of marijuana, starting next year.now, state workers are trying to build the framework of rules under which the fragrant buds will be grown, processed, transported and sold.the new industry has a projected value of $7 billion.state and local governments could eventually collect $1 billion a year in taxes.getting it wrong could mean the robust cannabis black market stays that way — outside the law.gov. jerry brown has recommended spending more than $50 million to establish programs to collect taxes and issue licenses, while hiring more work






greek farmers march in athens against higher taxes


athens, greece — thousands of greek farmers are marching in central athens to protest tax increases imposed as part of efforts to meet conditions of the country's international bailout.about 2,000 farmers from across the country headed to the greek capital tuesday to complain about the higher taxes, some of which took effect on jan. 1. farmers have been blocking highways sporadically as part of their protest, including at some of greece's northern border crossings.addressing the crowd before the march began, protest leader vangelis boutas said public opinion was backing them.he said: "this is all about fewer people having more. but ordinary people support our blockades."greece is struggling to agree with its international creditors on what further reforms might be needed as part of its bai






smaller states rejoice as amazon finally collects sales tax


providence, r.i. — many online shoppers in the united states have for years had to pay state sales taxes whenever they buy goods from amazon. but the seattle e-commerce giant has dragged its feet on collecting sales taxes in small and sparsely populated states where it doesn't have any distribution centers or corporate offices.that's quickly changing this year. and governors and state legislators looking to balance their beleaguered budgets are rejoicing as they brace for a boost of revenue from amazon sales.amazon customers in at least 10 states will begin paying sales taxes on their website purchases for the first time this winter. tax collection begins wednesday in mississippi, missouri, rhode island, south dakota and vermont. it already started this month in louisiana, iowa, nebraska a






kneel before the khan of illinois, or suffer pain


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federal court may decide if employers can reject older job seekers to protect ‘i


federal court may decide if employers can reject older job seekers to protect ‘image’boston — texas roadhouse is a nationwide chain of steakhouses with a casual vibe, a partner in country singer willie nelson and, according to federal officials, a history of labeling workers over 40 such things as “old ‘n chubby” and rejecting them for jobs where the customers see them. a lawsuit being heard by a federal…






trump administration proposes stricter obamacare rules


the trump administration on wednesday proposed changes to the obamacare individual insurance market that insurers have said are needed for them to keep selling the plans as republicans work on a replacement program.the changes to tighten enrollment and collect unpaid premium payments aim to cut down on signups from people after they are sick, which insurers say has created an unprofitable mix of healthy and sick customers.humana inc on tuesday said it was pulling out of this market altogether for 2018 and anthem inc. and aetna inc have said that without changes, they might not take part after 2017.president donald trump and congressional republicans campaigned last year on a promise to scrap the 2010 healthcare law that is a key legacy of democrat barack obama’s presidency. but they are st






pay your taxes with a rewards card for a quick points payout


tax season is coming up, which means some will have to shell out a hefty chunk of cash to the government. that always stings, but you can make it sting a little less if you have a decent rewards credit card.advertisementbefore we go further, we should point out a very critical disclaimer: you should only do this if you’re in a situation where you can pay your taxes entirely up front with cash. don’t charge your taxes to a credit card and then pay it off slowly. that will cost you in the long run. however, if you already have the money to pay your taxes, read on.as personal finance site 20 something finance explains, the irs allows payments via credit card for a fee. the fees are in the area of 2%. the lowest the site found was 1.87%. however, if you have a rewards card that offers a better






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john ivison: millions of canadians will pay at least $1,000 more if ottawa taxes


the debate about the taxation of health and dental benefits has, to this point, been an academic argument about fairness and tax efficiency.but it’s about to get intensely political, as canada’s doctors and dentists tell voters exactly how much the move to tax plans that cover prescription drugs, dental and vision care might cost them.the very public lobbying paign aimed at persuading the government to drop any plans it may have to tax health care not provided under provincial systems will kick into high gear when the house of commons resumes next week.the canadian dental ociation reports that 50,000 protest emails have already been sent to local mps and bill morneau, the finance minister, through its www.donttaxmyhealthbenefits.ca online petition.key to the success of those efforts will b






john ivison: millions of canadians will pay at least $1,000 more if ottawa taxes


the debate about the taxation of health and dental benefits has, to this point, been an academic argument about fairness and tax efficiency.but it’s about to get intensely political, as canada’s doctors and dentists tell voters exactly how much the move to tax plans that cover prescription drugs, dental and vision care might cost them.the very public lobbying paign aimed at persuading the government to drop any plans it may have to tax health care not provided under provincial systems will kick into high gear when the house of commons resumes next week.the canadian dental ociation reports that 50,000 protest emails have already been sent to local mps and bill morneau, the finance minister, through its donttaxmyhealthbenefits.ca online petition.key to the success of those efforts will be so






john ivison: millions of canadians will pay at least $1,000 more if ottawa taxes


the debate about the taxation of health and dental benefits has, to this point, been an academic argument about fairness and tax efficiency.but it’s about to get intensely political, as canada’s doctors and dentists tell voters exactly how much the move to tax plans that cover prescription drugs, dental and vision care might cost them.the very public lobbying paign aimed at persuading the government to drop any plans it may have to tax health care not provided under provincial systems will kick into high gear when the house of commons resumes next week.the canadian dental ociation reports that 50,000 protest emails have already been sent to local mps and bill morneau, the finance minister, through its www.donttaxmybenefits.com online petition.key to the success of those efforts will be soo






airbnb to collect state sales tax, easing burden on hosts – the denver post


home-sharing service airbnb will collect colorado state sales tax online starting wednesday, simplifying a structure that temporarily turned hosts into the taxman.but denver hosts can keep tax collector on their resumes until the end of june, when the city hopes to have new rules in place allowing third-party vendors to collect its 10.75 percent lodger’s tax.tax experts and airbnb hosts call the change a step in the right direction, adding a line item that guests already see on ordinary el bills. prior to the change, hosts were expected to collect and remit the state’s 2.9 percent sales tax themselves.“we hear from (our hosts) all the time that they want to be able to pay their fair share in el taxes,” airbnb spokesman christopher nulty said. “this creates a really streamlined process for






records: kentucky’s republican governor is late paying his 2016 property taxes o


share storythe ociated pressfrankfort, ky. (ap) — records: kentucky’s republican governor is late paying his 2016 property taxes on his louisville home.the ociated presscustom-curated news highlights, delivered weekday mornings.thanks for signing up!






colorado puts new focus on worker safety in cannabis industry


for the first time, colorado health officials have issued a set of guiding principles for marijuana businesses to address occupational health and hazards.






colleges can’t meet soaring student needs for mental health care


c olleges across the country are failing to keep up with a troubling spike in demand for mental health care – leaving students stuck on waiting lists for weeks, unable to get help. stat surveyed dozens of universities about their mental health services. from major public institutions to small elite colleges, a striking pattern emerged: students…






h&r block is now using ibm watson to find tax deductions


getting your taxes done is miserable. it’s complicated, time-consuming and costly — particularly for people whose financial situation requires them to seek help from tax professionals. the process is such a mess, even for said professionals, that h&r block, one of the largest tax services providers, is partnering with ibm watson to help make the process go more smoothly. yes, that’s right — we now need machine intelligence to save us from our taxes.watson will use natural language processing to parse tax documents and relate statements back to the 74,000-page federal tax code. it’s not hard to see how a machine would excel at this clearly defined search task. these are just the sorts of problems that machines tend to outperform humans in solving.there are a number of things that could






arkansas bill aimed at forcing amazon to collect sales taxes


little rock, ark. (ap) — forcing amazon and other e-commerce companies to collect arkansas sales taxes could generate up to $100 million annually in extra revenue, a senator said wednesday, arguing his plan would put the state in a better position to enact deeper tax cuts in two years.the senate revenue and taxation committee on wednesday a nced a proposal that would require out-of-state companies with no physical presence in the state to collect the tax if they sell more than $100,000 worth of products or make at least 200 transactions. arkansas is one of a handful of states where amazon doesn’t have a distribution center or office and doesn’t collect sales taxes.the proposal is modeled after a 2016 law in south dakota, where officials last month said amazon had agreed to begin collecting






greek farmers march in athens against higher taxes


powered by livefyre the opinions expressed in reader comments are those of the author only, and do not reflect the opinions of the seattle times.






arkansas house p es bill aimed at collecting amazon taxes


little rock, ark. (ap) — amazon would be required to tell arkansas customers they owe the state sales tax under a bill approved by the house tuesday, one of two efforts by lawmakers to recover millions in tax revenue from the e-commerce giant.the bill approved by the house on a 54-46 vote would also require amazon and other out-of-state companies without a physical presence in arkansas to provide a list to finance officials of purchases made by state residents. the measure now heads to the senate, which a day earlier approved another measure that would require amazon and similar companies to begin collecting state sales tax.arkansas is one of a handful of states where amazon doesn’t have a distribution center or office and doesn’t collect sales taxes.“main street in arkansas today is bleed






a glance at proposed state spending for marijuana programs


sacramento, calif. (ap) — california gov. jerry brown this month recommended spending over $50 million in his proposed budget for marijuana regulation. it’s anticipated the funds will be repaid after taxes begin coming in. here’s a breakdown of some of the proposals:— department of consumer affairs: $22.5 million, to develop regulations for the transportation, storage, distribution and sale of legal marijuana, along with licensing and enforcement.— department of food and agriculture: $23.4 million, to develop regulations for marijuana cultivation, including licenses for growers.— board of equalization: $5.3 million, to notify businesses of new tax requirements and update systems to process taxes.most read storiesunlimited digital access. $1 for 4 weeks.






how to get usb tethering to work in android phone


usb tethering is one of those miracle features that really makes you appreciate the omnipotent abilities of smartphones. who needs pricey 4g contracts on tablets, laptops, etc., when you can just plug your phone into your computer? also, did you know that usb tethering can also turn your phone into a wifi adapter? mindblowing stuff …but as of the android lollipop update, a lot of smartphone owners (particularly from the htc and samsung ps) have been complaining that usb tethering stopped working, depriving them of one of their device’s fanciest functions.i had this problem, but then i discovered several third-party usb tethering apps that saved me (without the need for rooting!)a few things to knowi tried out several of the tethering apps, but quite a few of them (usb tether and tethering