Canceled policies, dropped doctors, higher premiums and deductibles and enrollment nightmares, and now 3.4 million people who signed up for Obamacare in 2014 are about to get large tax bills. These tax bills could be as high as $2,500 for families at the upper end of the subsidy eligibility range.
Furthermore low-income earners will face a complicated process while trying to comply with the Affordable Care Act’s individual mandate, a process that will force them to pay extra to have their returns professionally prepared. Worse yet, many will have to reimburse the system for overpayments.
Supposedly, these are the people who can least able to afford insurance. And it’s another reason for Conservative’s put an end to it.