Quote:
Originally Posted by tuccillo
There is a difference between income and net worth. "multi-million-dollar income earners" aren't "welching" off the system but they are paying a crap-load of taxes. Retired and under 65 with high net worth and low reported income can get a subside. Complain to the people who wrote the obamacare law such that the means testing is on reported income and not net worth. Just like with every other aspect of the tax law, people will adopt tax reduction strategies.
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Exactly. Which is why I refused to get a subsidy even though I have essentially zero income. While the law has a few good points, it is also deeply flawed and was more political than medical in nature. Back in 2009 I was on one of the committees that was developing part of "Obamacare". I quickly resigned when I found out there were 70 people on this committee and only 2 physicians, most were politicians and bureaucrats, and it was obvious the outcome was already pre-determined.