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To: Innovative
It's a scam.

It neither repeals nor replaces ACA, it amends ACA.

Here's one of the amendments:

SEC. 205. INDIVIDUAL MANDATE.

(a) IN GENERAL.—Section 5000A(c) of the Internal Revenue Code of 1986 is amended—

  (1) in paragraph (2)(B)(iii), by striking ‘‘2.5 percent’’ and inserting ‘‘Zero percent’’, and

  (2) in paragraph (3)—

    (A) by striking ‘‘$695’’ in subparagraph (A) and inserting ‘‘$0’’, and

    (B) by striking subparagraph (D).

http://docs.house.gov/Committee/Calendar/ByEvent.aspx?EventID=105944


Relevant part of the Internal Revenue Code of 1986:

26 U.S. Code § 5000A - Requirement to maintain minimum essential coverage

(2) Monthly penalty amounts
    For purposes of paragraph (1)(A), the monthly penalty amount with respect to any taxpayer for any 
    month during which any failure described in subsection (b)(1) occurred is an amount equal to 1⁄12 
    of the greater of the following amounts:

  (A) Flat dollar amount
      An amount equal to the lesser of—

    (i) the sum of the applicable dollar amounts for all individuals with respect to whom such failure 
        occurred during such month, or

    (ii) 300 percent of the applicable dollar amount (determined without regard to paragraph (3)(C)) for
         the calendar year with or within which the taxable year ends.

  (B) Percentage of incomeAn amount equal to the following percentage of the excess of the taxpayer’s 
      household income for the taxable year over the amount of gross income specified in section 6012(a)(1) 
      with respect to the taxpayer for the taxable year:

    (i) 1.0 percent for taxable years beginning in 2014.

    (ii) 2.0 percent for taxable years beginning in 2015.

    (iii) 2.5 percent for taxable years beginning after 2015.

(3) Applicable dollar amountFor purposes of paragraph (1)—

  (A) In general
      Except as provided in subparagraphs (B) and (C), the applicable dollar amount is $695.

  (B) Phase in
      The applicable dollar amount is $95 for 2014 and $325 for 2015.

  (C) Special rule for individuals under age 18
      If an applicable individual has not attained the age of 18 as of the beginning of a month, the applicable
      dollar amount with respect to such individual for the month shall be equal to one-half of the applicable 
      dollar amount for the calendar year in which the month occurs.

  (D) Indexing of amount
      In the case of any calendar year beginning after 2016, the applicable dollar amount shall be equal to 
      $695, increased by an amount equal to—

    (i) $695, multiplied by

    (ii) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year, determined by 
         substituting “calendar year 2015” for “calendar year 1992” in subparagraph (B) thereof. If the amount 
         of any increase under clause (i) is not a multiple of $50, such increase shall be rounded to the next 
         lowest multiple of $50.

https://www.law.cornell.edu/uscode/text/26/5000A

The individual mandate has not been repealed. The penalty amounts have been set to zero, yet the mandate and the structure remain.

Not only have Republicans failed to deliver the promised repeal of ACA, they have lied about it by claiming this amendment of ACA is repeal. They also lie when they say the individual mandate has been repealed.

If one iota of the effort spent on deception was spent on actually doing what they pretend to be doing we'd be a lot better off.

16 posted on 05/04/2017 4:59:49 PM PDT by Ray76 (DRAIN THE SWAMP)
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To: Ray76; Innovative; All

>
It’s a scam.

It neither repeals nor replaces ACA, it amends ACA.
>

Yes, but you see, OUR masters’ chains are *much* lighter than the others /s Not many worried about the Constitutionality of this sh!t sandwich.

When they come for the 401K, the same shills will we crowing, “At least the (R) let us keep 10% and not the measly 5% of the (D)”.

Doesn’t seem to register the starting line has now reset w/ many a ‘yards lost’. So when they believe they gain a yard it’s a huge triumph. Keep on ‘winning’, but somehow the goal posts continue to get further away.


21 posted on 05/04/2017 5:52:44 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: Ray76

If there is no penalty, then there is no mandate.

Or did they substitute w/ time in the stocks in the public square?


23 posted on 05/04/2017 8:46:52 PM PDT by Lorianne
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