Thursday, March 28, 2013

Fool me once...

Remember this:

Turns out, not so much:

"Millions of Americans will be priced out of health insurance under [The ObamaTax]  because of a glitch in the law that adversely affects people with modest incomes who cannot afford family coverage offered by their employers"

As we've long noted, one of the key promises was that folks unable to afford the new, sky-high premiums would get rate relief through a complex system of tax "credits." The catch, though, is that a lot of those people will fall through the cracks because the calculation ignores the cost of any spousal coverage one might obtain through an employer-based plan.

So many of those who were counting on those credits to ease their health insurance burden will be left to twist in the wind, unable to obtain "affordable" coverage but on the hook for the ObamaTax itself.

Gosh, if only they'd read it....
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