Obamacare taxes hit the poorest the hardest
Finding out what’s in it: An H&R report has found that more than half of the poorest Obamacare enrollees face a tax liability of around $500 at tax time.
The report also found that the Obamacare penalty for not having insurance is now averaging about $172. This number however will go up in future years as the full penalty is phased in.
But isn’t Obamacare the “Affordable Care Act”, as Obama and the Democrats named it? It can’t cost us more. They said so! They promised!
Finding out what’s in it: An H&R report has found that more than half of the poorest Obamacare enrollees face a tax liability of around $500 at tax time.
The report also found that the Obamacare penalty for not having insurance is now averaging about $172. This number however will go up in future years as the full penalty is phased in.
But isn’t Obamacare the “Affordable Care Act”, as Obama and the Democrats named it? It can’t cost us more. They said so! They promised!