Obamacare to cut tax refunds in April
Finding out what’s in it: After comparing the annual income and the amount of health credits received, the IRS is expected to take the tax refunds from a significant number of Americans who it determines received an overpayment of credits.
Your solution? You have to be able to predict with complete accuracy exactly how much you will earn. This of course is impossible for people like me, who is a freelancer, or for owners of businesses that depend upon sales to determine their income. Such people haven’t the slightest idea what their income will be from year to year.
Also, if you read the article above I dare you to then tell me Obamacare hasn’t made everyone’s lives more complicated. Just trying to figure out what this whole issue is about glazes the mind. Trying to figure out how to avoid a mine buried in Obamacare itself is practically impossible.
But remember, the Democrats and Obama care. That’s all that matters, even if that caring bankrupts us all.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
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Finding out what’s in it: After comparing the annual income and the amount of health credits received, the IRS is expected to take the tax refunds from a significant number of Americans who it determines received an overpayment of credits.
Your solution? You have to be able to predict with complete accuracy exactly how much you will earn. This of course is impossible for people like me, who is a freelancer, or for owners of businesses that depend upon sales to determine their income. Such people haven’t the slightest idea what their income will be from year to year.
Also, if you read the article above I dare you to then tell me Obamacare hasn’t made everyone’s lives more complicated. Just trying to figure out what this whole issue is about glazes the mind. Trying to figure out how to avoid a mine buried in Obamacare itself is practically impossible.
But remember, the Democrats and Obama care. That’s all that matters, even if that caring bankrupts us all.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
He didn’t build that?
http://www.theblaze.com/stories/2014/09/21/100k-500-hours-and-65-photos-after-he-started-he-built-exactly-what-he-wanted/
We all remember when the current president of the United States actually said those words, those ignorant Marxist / socialist words, and he meant them. I actually feel sorry for him, his like and their on balance bogus conclusions about America and Capitalism. While America and Capitalism have their warts the overall results speak for themselves as the above story illustrates.
As for your points on Obamacare, I am living them and I agree with your conclusions.
And the nightmare continues…
The extended employer mandate will be realized soon, they are already warning employers that their deductibles and rates are will double. (My co-pays went from $10 a Dr. visit to $65 in three years)
If you like your health plan you can keep it… unfortunately it is no longer available. It was substandard because it did not provide birth-control and hormone therapy for men.
I can hardly wait to see what happens to the Cadillac insurance programs Provided by government and unions.
I had an increase in taxes in 2013, even before Obamacare went into full effect. I used to take the full $5000 amount allowed for flexible benefits. Between braces for my teenager and many medicines for a wife with MS, I easily spent $5000 out of pocket every year. However, in 2013, the max was reduced to $2500, forcing me to pay taxes on an additional $2500 of my income.
Well said, Bob.