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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (494044)	7/3/2012 2:18:23 PM
From: DMaA	Read Replies (2) \| Respond to of 793848

Rush was just talking about if you earn $44,000.00 or less you are eligible to an 80% subsidy on your policy at the exchange. If you make $44,000.01 you pay 100% retail price. The marginal tax rate on thet $0.01 will be about 1,000,000,000%

To: skinowski who wrote (494044)	7/3/2012 2:28:39 PM
From: MulhollandDrive	Respond to of 793848

Btw, did you notice that those penalties slash taxes will go to the government -- NOT to the insurance companies, to help them with losses due to pre-existing conditions? i think the 'reasoning' there is to help build up the gov't coffers to facilitate the subsidy (for those who qualify) i'm already looking at ways to game this, and assuming they don't close certain 'loopholes' before 2014...i can actually make this work for me, but at my age, my premiums are sky high, for a young person, this is NOT a good solution btw, expect to see a rash of divorces along with job loss as people recognize the 'marriage penalty' is HUGE on this <edit> one more thing.....this actually benefits those making OVER $250K per year.... the reason is the $1000 ded.... i know a small business owner who has pass through income of considerably higher than that and he pays for a HIGH deductible ($10K) policy that costs him about the same as the $1000 deductible under ACA.... this really is a tax on the young, working poor in this country....quite shameful