I’m calling B.S on paying a fee to the insurance companies. You aren’t forced to buy it so you’re not forced to pay a fee. It’s a dumb provision to be sure but that’s a far cry from a mandate. How is a tax credit socialism? Tax Credit = tax payer keeps tax dollars. What am I missing here?
But, but, but . . . if you read the bill, you'll notice the requirement stays, read the Internal Revenue code 5000A cited in the bill.
Search Freerepublic for tax credit.
Research and get educated before posting nonsense.
Tax credit= tax payer keeps dollars even if he didn’t actually pay any income taxes, dollars taken from another taxpayer.
The mandate is not repealed. They just set the official penalty at zero.
But if the government forces you to pay a fee to the insurance company, that amounts to the same thing.
Just about everything that requires common sense.
“Tax deductions” mean tax payers keep their dollars.
“Tax credits” are free money that can leave you in a surplus situation in which the tax payers pay you.