The point I don’t understand is funding insurance with tax credits
If you already pay no taxes and can claim no credit, what good is it?
Them that don't have incomes pay no taxes on income have no tax credits to buy stuff; iow, if you can't afford it you can't buy it. That last part is something I learned way back when I got my first allowance and it'll will be nice to have more folks in the U.S. finally catch on.
This is not hard hearted thinking, while there will always be charities for the deserving poor we still have to learn the difference between charity and a business transaction. The prob w/ Ocare is that it's a handout portrayed as a business transaction.
You get tax credits regardless of whether you pay taxes or not. If you make $100,000 and through deductions pay $10,000 in income tax then a $2000 tax credit will reduce your tax bill to $8,000. If you make $30,000 and through deductions pay $0 in taxes then the government would cut you a check for the $2000 credit. It's an Obamacare subsidy under a different name.