The Patriot Post® · Come Tax Time, Some Will Be Slammed by ObamaCare

Seven million Americans currently receive health insurance tax credits because of ObamaCare, but if any of these folks pull themselves up to the next tax bracket – by earning a raise, making more commission or landing a new job – they could get hit when it comes time to file their next tax return. For example, they may not be able to file the simplified 1040EZ. The Associated Press reports, “If your income for 2014 is going to be higher than you estimated when you applied for health insurance, then complex connections between the health law and taxes can reduce or even eliminate your tax refund next year. … The danger is that as your income grows, you don’t qualify for as much of a tax credit. Any difference will come out of your tax refund, unless you have promptly reported the changes.” There it is, folks: When health care is treated as a tax, it will bite like a tax come April. More…