PAGEâ18 employee who purchases subsidized coverage. With the $3,000 penalty, the employer has offered coverage, but the coverage does not satisfy the minimum value and affordability tests. The total amount of the $3,000 penalty cannot be greater than the total penalty for failing to offer any coverage.
For permission to reproduce this essay, email me. To see photos of the The Gates project, go here. The Gates belongs on a slalom course rather than in New York Cityâs Central Park, because it doesnât fulfill the purpose of art. This essay was written before the Gates was installed. I stand by it, after seeing the Gates a dozen or more times on my commute through Central Park. In the depths of a cavern thousands of years ago, a figure laboriously scratched designs of animals and hunters onto a wall.
At the beginning of the year, his net worth was around $75 billion. Since then, he has added about $15 billion. The worldâs second-wealthiest individual, Spanish retail executive Amancio Ortega, is worth more than $76 billion, which means that Gates holds a comfortable lead.