This whole federal subsidy thing gets me - what AND WHO is all this going to cost and for how long. I wish they’d call it what it is - legal theft from your fellow citizens.
So sick of this crap - now you have to think about being careful you don’t make too much money. Gee, what an incentive for a great country.
It’s a GIGANTIC new welfare program. Soak the “rich” to subsidize the “poor.” This was not disclosed during the debates at all. And certainly NOT debated in the bill that Pelousy wouldn’t let anybody read. Passed in the dark of night, no R support, straight party-line vote, bribery and corruption — all to create a new entitlement program that runs up to almost $100k of income! Sickening, maddening, infuriating — you name it. Another nail in the coffin of this once-grand experiment in self-government.
Funny you should ask:)
Notice, the threshold is $94,200...and that's AGI (you know, after those exemptions that are so prevalent in the code).
This is a true gross income over $100k.
Below that, you're subsidized! Substantially.
Of course these same people are paying at least 90% of all taxes.
So the net result is that the "middle class" is taking on more collective debt and higher taxes so that they can pay MORE for Insurance on lesser plans...and get on the government teat to boot! And,, government gets to run everything. Use all information that exists and collect even more.
The Middle Class will catch on to this. And it'll really sink in when they're stuck 4 hrs in a waiting room with 3rd world illegals to see a Pakistani doctor.
The 2014 and 2016 post-election memes are likely to be "White Backlash" etc.
“So sick of this crap - now you have to think about being careful you don’t make too much money.”
I’m not advocating joining the ranks of millions of white people who have jumped on the welfare gravy train, but many would benefit from these programs (by being hurt less by them) if they would simply have families. It reduces your income tax burden, and is factored into your earning versus the poverty level (instead of looking at the level for a family of one or two, it could be a family of three, four, or ten). I’m shocked at how many taxpaying Americans are content (or at least submit to being forced) to subsidize the families of others while they themselves leave no genes behind to propagate the species, culture, and faith.