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. - ATRObama 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.