"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Health Care Tax Credits Become Tax Woes
Submitted by Emmett Harris on Tue, 2014-07-22 00:00
in
“The Affordable Care Act's subsidies for buying health coverage on the federal exchange are actually tax credits given in advance, with the final accounting due by April 15 when people file their returns. Many taxpayers will end up having to repay part or potentially all of their subsidies.” The old bait-and-switch still works with some people. Of course, all of us get to suffer because of their gullibility.
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