ObamaCare Revealed: The “Good”, the “Bad” and the “Ugly”

ACA Title 1, Sec. 1401. Refundable tax credit providing premium assistance for coverage under a qualified health plan: “Bad” – Here again… “overkill.” In my opinion this section creates more bureaucratic machinations that are fundamentally unnecessary. It covers the detailed rules, conditions and details of how tax credits for public premium subsidies will be calculated and applied. Why not just make an IRS ruling that premium subsidies from public sources under the ACA are not considered to be income to the beneficiary? We don’t need to add another convoluted feature and more complexity to a tax code that is already a nightmare. Come on…. don’t make things so darn difficult!

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