Livefyre Profile

Activity Stream

I have to admit - ever since I became unemployable and low income, I am much more amenable to higher taxes and the welfare state!

1 day, 10 hours ago on

Reply

Actually everyone with an income below a certain amount must use the tax tables.

2 days, 21 hours ago on

Reply

There is no need for the doughnut hole to stop folks from getting the subsidy.  The law allows an applicant to propose *any* income that he wants, so long as it is not more than 10% less than whatever income the "best documented evidence" would indicate (e.g., latest tax form, latest paycheck, salary, SSI benefits, etc.)  So this poor woman could have just proposed that her income be exactly 100% of poverty level for her situation, in which case she would have only had to pay less than 2% of that for the lowest cost Silver 94% plan (which has a total out-of-pocket ceiling of only $700/yr), perhaps even $0 if that lowest cost Silver plan is more than 2% of less than that poverty level than the 2nd lowest cost Silver plan (i.e., that is the benchmark for the subsidy.)  And, if someone were to propose such an income, but end up not reaching that, the law states that there is to be no mandated tax liability for the subsidy having been given "in error".

I am in a similar situation, and I just proposed the 100% of poverty level income and got the subsidy for that, which ends up paying for my premium in total.  Of course, this could be viewed upon as being "dishonest".  So what?  I'd love to see a Republican politician try and make the case that someone should not lie, but instead go uninsured and die as a result.

2 days, 21 hours ago on

Reply