Skip to comments.
White House Unaware That 6 Million Americans Will Pay Obamacare Tax This Year
Townhall.com ^
| February 3, 2015
| Conn Carroll
Posted on 02/03/2015 1:40:42 PM PST by Kaslin
White House Press Secretary Josh Earnest described reports that millions of Americans would be getting tax bill because of Obamacare as "inaccurate" just days after the Treasury Department estimated that 6 million Americans will pay about $2 billion in individual mandate taxes this year.
"I don't think it is accurate to suggest that millions of people are going to get a tax bill as a result of this," Earnest said in response to a question Tuesday about the millions of Americans who will pay a tax penalty for not having health insurance in 2014. "The vast majority of Americans, more than three-quarters of Americans, are just going to have a box to check on their tax form to confirm that they've had health insurance. And so the impact that we are talking about here is very small and for the vast majority of people has been very positive."
While it is true that the vast majority of Americans get their health insurance through their employer, just like they did before Obamacare, it is also true that just last week the Treasury Department estimated that 6 million Americans will have to pay a penalty tax, created by Obamacare, because they did not have health insurance last year. According the Congressional Budget Office, those 6 million Americans will pay about $2 billion in tax penalties.
Worse still, even those Americans who did obtain health insurance through Obamacare exchanges could also face a heavy tax bill come this April. That is because the subsidies given to people who purchase insurance through an Obamacare exchange are calculated on a monthly basis.
Americans who applied for insurance subsidies when they had a lower income, but later got a raise that bumped them up to a lower subsidy level, will get a tax bill from the government for the difference between thru old and new subsidy levels when they file taxes this year. According to H&R Block, another 6 million Americans will have to make such tax payments to the Treasury this year.
TOPICS: Culture/Society; Front Page News; Government
KEYWORDS: 0bamacare; clueless; individualmandate; taxes
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-52 next last
1
posted on
02/03/2015 1:40:43 PM PST
by
Kaslin
To: Kaslin
2
posted on
02/03/2015 1:46:44 PM PST
by
EQAndyBuzz
(Islam is the military wing of the Communist party.)
To: Kaslin
The number is probably more like 20 million as many people cannot afford insurance nor are they eligible for Medicare.
3
posted on
02/03/2015 1:47:19 PM PST
by
Blood of Tyrants
(Good Muslims, like good Nazis or good liberals, are terrible human beings.)
To: Kaslin
The s### is about to hit the proverbial fan. My question is; how will this affect the grifters who get the E.I.T.C?
Will they get $95 less on their gift? They already pay more than that to the quick cash back income tax preparers, to receive their thousand$.
4
posted on
02/03/2015 1:50:46 PM PST
by
Graybeard58
( For I determined not to know any thing among you, save Jesus Christ, and him crucified.)
To: Kaslin
Tomorrow, the Fraud can claim he heard about it on the news like everyone else.
5
posted on
02/03/2015 1:51:01 PM PST
by
treetopsandroofs
(Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
To: Kaslin
White House Press Secretary Josh Earnest described reports that millions of Americans would be getting tax bill because of Obamacare as "inaccurate" just days after the Treasury Department estimated that 6 million Americans will pay about $2 billion in individual mandate taxes this year. "I don't think it is accurate to suggest that millions of people are going to get a tax bill as a result of this," Earnest said in response to a question Tuesday about the millions of Americans who will pay a tax penalty for not having health insurance in 2014. "The vast majority of Americans, more than three-quarters of Americans, are just going to have a box to check on their tax form to confirm that they've had health insurance. And so the impact that we are talking about here is very small and for the vast majority of people has been very positive....""Six million? That can't be accurate. Obama's not going to be happy that the number is that low...."
6
posted on
02/03/2015 1:54:37 PM PST
by
Alex Murphy
("the defacto Leader of the FR Calvinist Protestant Brigades")
To: Kaslin
serves them right if they voted for this idiot and his policies.
I saw one guy on FX who had his health Obama care policy cancelled and instead of blaming obamacare he blamed the CEO of the insurance company. He then said he had to be on the phone for 30 mins, wow a whole 30 minutes for him.
This is how stupid some Americans are, they voted for something praised it, they then get it , they then see it fail and they still fail to blame what they voted for.
7
posted on
02/03/2015 1:57:59 PM PST
by
manc
(Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
To: Kaslin
I will owe the tax, but under obastardcare, they have no way to make me pay it. So I won’t!
8
posted on
02/03/2015 2:00:06 PM PST
by
piytar
(If you don't know what taqiyya and the doctrine of abrogation are, you are a fool!)
To: Kaslin
White House UnawareSo what else is new?
9
posted on
02/03/2015 2:01:38 PM PST
by
ConservingFreedom
(A goverrnment strong enough to impose your standards is strong enough to ban them.)
To: Kaslin
Ooops, different tax. I owe the one for not having signed up.
And I still won’t pay. No refund due to me, so they cannot collect.
Screw ‘em!
10
posted on
02/03/2015 2:01:59 PM PST
by
piytar
(If you don't know what taqiyya and the doctrine of abrogation are, you are a fool!)
To: Kaslin
Gruber-in-Chief: "ObamaCARE is not a tax. Its a refund."
11
posted on
02/03/2015 2:04:27 PM PST
by
Diogenesis
("When a crime is unpunished, the world is unbalanced.")
To: Kaslin
They are also unaware that most Americans will pay an average of
more than the $2500 average savings they were promised under this program for substandard insurance that will cover less than the plans which BO Care cancelled.
Nor do they give a $h*t. That's just part of the price to cover BO's people: the promiscuous, the drug addled, the winos and the illegals.
12
posted on
02/03/2015 2:07:46 PM PST
by
Vigilanteman
(Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
To: Kaslin
Comrades! I have glorious news for you ... "The vast majority of Americans ... (Obamacare) has been very positive."
13
posted on
02/03/2015 2:10:24 PM PST
by
tumblindice
(America's founding fathers: all armed conservatives.)
To: Kaslin
14
posted on
02/03/2015 2:15:18 PM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Alex Murphy
$2 billion? Drop in the bucket. That’s how they think.
15
posted on
02/03/2015 2:16:24 PM PST
by
sheana
To: Kaslin
Nobody is madder than the dear leader.
16
posted on
02/03/2015 2:18:56 PM PST
by
Gamecock
(Joel Osteen is a minister of the Gospel like Captain Cruch is a Naval line officer.)
To: Kaslin
It could be 60 million. It still wouldn’t matter. The uniparty wanted to shift the costs of health care from their political cronies to the middle class and they did so.
In this case, the ‘rat wing of the uniparty took the fall. But rest assured that the gop wing of the uniparty will always find it just a little too hard to repeal.
There is only one party, the uniparty, and corruption is its credo.
17
posted on
02/03/2015 2:26:00 PM PST
by
RKBA Democrat
(The uniparty: celebrating over 150 years of oligarchy and political control!)
To: Kaslin
Some people just might not pay the “tax”. I’m just saying.
I don’t think the revenuers are going to be able to collect from 6 million.
18
posted on
02/03/2015 2:27:21 PM PST
by
DaxtonBrown
(http://www.futurnamics.com/reid.php)
To: manc
I've a daughter...that only has access to Indian Health Care. I know she doesn't have regular health insurance..because she's very healthy..and doesn't want to sign up for Medical Insurance.
She didn't vote for Obama.
19
posted on
02/03/2015 2:30:31 PM PST
by
Osage Orange
(I have strong feelings about gun control. If there's a gun around, I want to be controlling it.)
To: Osage Orange
she has my sympathy then and sorry to hear , hope it works out for her.
20
posted on
02/03/2015 2:36:12 PM PST
by
manc
(Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-52 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson