Obamacare..law of the land...lmao...Holder ignores the law of the land everyday...that is why I have no sympathy for this President...he has surrounded himself with like minded socialists.
Fuck them all..including the Repubs...they will cave after being able to say we tried...which will only give rise to a stronger movement against them ALL
F6..although we disagree...you are usually quite reasonable.
The IRS has defined the word affordable to represent 9.5% of the employee cost...not the family unit...why?
What this means is that a worker earning 50,000 with a family of 4...well below the 94,200 (400% FPL) could end up with no subsidy if their employer paid for their(employee only) coverage. Let's say his covergae of $400/month was completely paid but dependent cost was an additional $800/month of which the employer paid no part of. That $800/month represents almost 20% of household income yet no subsidy is available to that family because the employee has affordable coverage.
Yet...the same family of 4...unemployed and getting quite a bit of assistance but little income...OR...a family working at a job making the same 50,000 but not offered health insurance whould get a great deal of subsidy. Instead of subsidy..the first guy would likely shell out 5,6,7k to cover dependents...the third guy would get 5,6,7k in subsidy. Not a trivial swing...10-15k when one is deciding whether they are better off working at one job or another.
The only logical explanation...Obamacare is meant to drive small employers from offering health insurance...the opposite of how it was marketed...deception at its finest.
Otherwise...Fair?? Why penalize the guy with the job that has benefits.....