From ‘Repeal’ to ‘Repair’: Campaign Talk on Health Law Meets Reality

If the tax credits are set up like they are today, no you would not have to pay taxes to receive them, you just have to file a tax return.

I suppose this will take a while to get through congress and senate, but if they are planning on implementing this for 2018 it will have to be signed into law in the next couple of months.

RealLindaL wrote:

2seaoat wrote:Tax credits require that a person owes taxes.......if you owe taxes, you are making money.  Poor people are going to be shafted, but I will give the benefit of the doubt and read it this week.

Whether or not you read it, the fact remains that your first sentences are correct.  Tax credits are WORTHLESS for people who pay little or no taxes.  It's a crock, and the whole thing is going to throw millions of people back into emergency rooms as uninsureds, raising costs for the rest of us.  This is a backwards step, pure and simple.

Really?

The plan will have to be clarified whether or not it's like the advanced premium tax credit today or in fact they do have to have a return to receive it.

Referring to wordslinger's thread "Political Suicide" may very well be from reaction's on many forum's and local fb pages of voter's who voted for Trump. They are not happy. Wait until the the folks read the article on cutting social security and Medicare from Trump's new budget director. Not just a cut in upcoming senior's but possible cuts to what we receive now.

I have always paid my own way but as I have read the article's and think WTF, these million and billionaire's making up the rules for the average citizen that depend on social security (that they have paid into their entire life) just burns my ass. And one wonder's why I went from a Republican to where I am today. Tomorrow might just be a socialist. I am pretty fucking mad this morning, to the tune I cannot print what I am thinking at the moment or the secret service will be knocking at my door.

Here's an interactive map comparing aca vs house plan tax credits.

http://kff.org/interactive/tax-credits-under-the-affordable-care-act-vs-replacement-proposal-interactive-map/

If I heard correctly that the mandate has been transferred to the ins corps... that won't pass muster with me. It's just more collectivist crapola. There's no room in a free society to force individuals to purchase a product.

PkrBum wrote:

RealLindaL wrote:

2seaoat wrote:Tax credits require that a person owes taxes.......if you owe taxes, you are making money.  Poor people are going to be shafted, but I will give the benefit of the doubt and read it this week.

Whether or not you read it, the fact remains that your first sentences are correct.  Tax credits are WORTHLESS for people who pay little or no taxes.  It's a crock, and the whole thing is going to throw millions of people back into emergency rooms as uninsureds, raising costs for the rest of us.  This is a backwards step, pure and simple.

Really?

That's all you have to contribute, is "Really?" How astute.

RealLindaL wrote:

PkrBum wrote:

RealLindaL wrote:

2seaoat wrote:Tax credits require that a person owes taxes.......if you owe taxes, you are making money.  Poor people are going to be shafted, but I will give the benefit of the doubt and read it this week.

Whether or not you read it, the fact remains that your first sentences are correct.  Tax credits are WORTHLESS for people who pay little or no taxes.  It's a crock, and the whole thing is going to throw millions of people back into emergency rooms as uninsureds, raising costs for the rest of us.  This is a backwards step, pure and simple.

Really?

That's all you have to contribute, is "Really?"  How astute.

You took that as fact. I don't think that's how it'll work. It looks like a renamed subsidy to me.

PkrBum wrote:

RealLindaL wrote:

PkrBum wrote:

RealLindaL wrote:

2seaoat wrote:Tax credits require that a person owes taxes.......if you owe taxes, you are making money.  Poor people are going to be shafted, but I will give the benefit of the doubt and read it this week.

Whether or not you read it, the fact remains that your first sentences are correct.  Tax credits are WORTHLESS for people who pay little or no taxes.  It's a crock, and the whole thing is going to throw millions of people back into emergency rooms as uninsureds, raising costs for the rest of us.  This is a backwards step, pure and simple.

Really?

That's all you have to contribute, is "Really?"  How astute.

You took that as fact. I don't think that's how it'll work. It looks like a renamed subsidy to me.

What don't you understand about the concept of tax credits? It is what it is.

I don't know if there is any point of discussing this particular bill any longer, it looks as though this is not going to fly as is.

Regardless of what bill is passed if pre x is part of it there will always be some kind of mandate or the insurance company's aren't going to play. Well I guess they could raise their rates to untouchable. You cannot take a cancer patient and immediately start paying their claims if there is not enough people in a plan.

Young people actually make out better with the bill introduced with their tax credits.

ppaca wrote:Regardless of what bill is passed if pre x is part of it there will always be some kind of mandate or the insurance company's aren't going to play. Well I guess they could raise their rates to untouchable. You cannot take a cancer patient and immediately start paying their claims if there is not enough people in a plan.

They'll supposedly be allowed to hike rates 30% for people who wait to join (until they're sick, I guess), but will that be enough? I doubt it. Still, anything that looks like a mandate (which is truly needed, IMHO) will never fly with this Congress, either.

We'll probably still be talking about all this come this time next year, and with nothing to show for it in the way of helpful new legislation. I hope I'm wrong.

It's like Republicans decided to design a law to make the ACA look amazing.