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SURPRIZE!: Millions Could Get Additional Tax Bills Under Obamacare If They Don't Accurately Project Their Income

SURPRIZE!!: Millions Could Get Additional Tax Bills Under Obamacare If They Don't Accurately Project Their Income

Associated Press
April 02, 2013

WASHINGTON (AP) — Millions of people who take advantage of government subsidies to help buy health insurance next year could get stung by surprise tax bills if they don’t accurately project their income.

President Barack Obama’s new health care law will offer subsidies to help people buy private health insurance on state-based exchanges, if they don’t already get coverage through their employers. The subsidies are based on income. The lower your income, the bigger the subsidy.

Read more: http://washington.cbslocal.com/2013/04/02/millions-could-get...

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Bump Bump Bump and keep Bumping until

everyone with either a job, or a 401k, pension, or a bank account, or some real property, or some gold or silver coins, receiving social security, or is living on an annuity has seen this. It's all the govts now if you don't fill out you Obamacare forms right.I don't think jail time will be an option. Not these days.

If you are an undocumented Democrat, or you literally don't have a pot to piss in, or you're a member of the 1%, including elected officials, then move along, there's nothing here to concern you.

Thanks emalvini. After reading this, it's clear just how Obamacare was designed to take a wrecking -ball to what's left of this country and whatever wealth the 99% have left to cling to. And it hits THIS Fall!

What a scam, a nightmare for ANYONE no on a fixed income, those who have no idea what they will be (emphasize future tense) making from day to day much less a year away: from waiters all the way to actors. I bet they will have a convenient choice of overpaying every year to avoid a big surprisee next year.

"If you want something you've never had before, you have to do something you've never done before." Debra Medina