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Thread: Obamacare Subsidies

  1. #61
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    Re: Obamacare Subsidies

    Quote Originally Posted by mac View Post
    That's why they are calling it a subsidy instead of a tax break. By the time people that don't understand realize what happened....it will be to late.

    I'm absolutely certain the majority of Obamacare fans think they're getting a check in the mail every month to pay their HC premiums.
    I understood it was supposed to go directly to the insurance companies.

    If they are really going to make these people pay for a full year up front without the subsidy.... they are going to lose in a wave election that will make 2010 look like a friggin pleasant day at the beach.

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    Re: Obamacare Subsidies

    Quote Originally Posted by cpwill View Post
    I understood it was supposed to go directly to the insurance companies.

    If they are really going to make these people pay for a full year up front without the subsidy.... they are going to lose in a wave election that will make 2010 look like a friggin pleasant day at the beach.
    You're correct, the subsidy goes to the insurance company.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  3. #63
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    Re: Obamacare Subsidies

    Quote Originally Posted by soot View Post
    You clearly have no interest in discussing this seriously, do you?



    A family of four making $94,200 is at 400% of the federal poverty level and as such will qualify for a premium subsidy on the exchange.

    A family of five can be earning up to $110,280 and qualify for a subsidy.

    A family of three can earn up to $78,120 and receive a subsidy.

    An individual earning just under $46,000 will qualify.
    Sure I want to discuss it. So, let's go back to my original question: how do you give a tax credit to someone that doesn't pay taxes. And, yes, people who don't pay ANY Federal income taxes will be subsidized.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  4. #64
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    Re: Obamacare Subsidies

    Quote Originally Posted by apdst View Post
    Sure I want to discuss it. So, let's go back to my original question: how do you give a tax credit to someone that doesn't pay taxes. And, yes, people who don't pay ANY Federal income taxes will be subsidized.
    It's a refundable credit. Same as the EITC. You give it (above) to the insurance company.

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    Re: Obamacare Subsidies

    Quote Originally Posted by cpwill View Post
    How would that information be captured? If your income goes down for whatever reason and now you rate a subsidy, but enrollment is over... do they even have a plan for that?
    I'm not sure, but I think that the context was that if you received more subsidy than you were entitled to, you must give it back. That could easily be determined by comparing two years tax filings.

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    Re: Obamacare Subsidies

    Quote Originally Posted by Deuce View Post
    The penalty wont apply to very many people in the first place, so I wouldn't worry about it. This "mandate" that is "forcing" you to buy a product is actually pretty toothless.
    It will grow teeth, when too many people choose the fine over the insurance plan.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  7. #67
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    Re: Obamacare Subsidies

    Quote Originally Posted by cpwill View Post
    It's a refundable credit. Same as the EITC. You give it (above) to the insurance company.
    People are going to actually spend that money on insurance? That's already a cluster ****...lol!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  8. #68
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    Re: Obamacare Subsidies

    Quote Originally Posted by jimbo View Post
    I'm not sure, but I think that the context was that if you received more subsidy than you were entitled to, you must give it back. That could easily be determined by comparing two years tax filings.
    So what happens to the guy who loses his job in July, replaces it with a lower-paid job in August, and now needs the subsidies for the incredibly high -priced insurance that he had to buy, but now can't afford?

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    Re: Obamacare Subsidies

    Quote Originally Posted by apdst View Post
    People are going to actually spend that money on insurance? That's already a cluster ****...lol!
    I think the government sends it. I'm sure an organization as efficient as the HHS won't screw that up

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    Re: Obamacare Subsidies

    Quote Originally Posted by cpwill View Post
    I think the government sends it. I'm sure an organization as efficient as the HHS won't screw that up
    I know, right!...lol!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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