Tuesday, February 24, 2015

The Obamatax Man Cometh

Obamacrack buyers. Did you get a government bailout last year? You might have a surprise when you file
your taxes.
The majority (52 percent) of Obamacare enrollees receiving an advance premium tax credit to purchase Obamacare insurance is facing the prospect of paying back $530 of that tax credit to the IRS, according to a new study from H&R Block.  This clawback is reducing the refunds for these taxpayers by 17 percent this filing season. - ATR
Obama giveth to buy votes and the IRS taketh away.



According to the UK Daily Mail the 52% figure translates to roughly 4.5M tax filers.

Now isn't that special?

Thanks to Henry Stern for the update info.

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