Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (11851)	8/26/2021 2:16:08 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26840

Thanks. I was not aware of that. I'd say we've made our case leading the horse to water and it is his choice now. He lives in a city I won't drive through at night and try to avoid even during the day... (why take a risk driving or spending my leisure dollars when there are alternatives?) so his risk tolerance is far greater than mine. I appreciated reading for the first time the new limits you posted for ACA. I thought in the past there was a drop dead limit where if I take a ton of profits I'd have to give all subsidies back... like a nearly infinite incremental tax rate on that last dollar... but the hit might be a bit less with the 8% (or 8.5%) of AGI limit. Or course 8.5% of $51,000 is $4,335 so you could still have a fairly high incremental tax rate if say your AGI went from $25K to $50K for a single person. Anyway, it is one reason I actually look forward to my first FULL year of Medicare eligibility since the penalties for taking profits are far less.