Thanks to Hot Air – you can calculate it – and should.
Barack Obama and his Democratic colleagues on Capitol Hill have tried to sell ObamaCare as a way to make health insurance more affordable for all Americans, but does it deliver? The AP sounded skeptical on Sunday, when they analyzed the various proposals, noting a number of ways in which costs will escalate for consumers outside of Congressional sales pitches. The article also links a handy tool from the Kaiser Family Foundation, generally supportive of health-care reform, that allows consumers to get an idea of what ObamaCare will cost them individually and as families.
The Kaiser tool also helps quantify the subsidies. At an annual income of $33,000, for instance, a family of four would get over $10,000 in tax refundables to help pay for their health insurance, only contributing less than $1500 out of their own pocket. The total tax liability for a family earning $33K per year falls far below $10,000, which means they will not only pay no income taxes but will take away from the general fund. At $44K, twice the poverty level, the family would pay $3,070 for their insurance and get $8,445 in subsidies, which would likely also far outstrip their tax liability. We will pay each family earning $66,000 over $3600 a year in subsidies despite the fact that they make far above the median American income.
Try out the Kaiser web site and see for yourself.
I did – this free insurance is going to cost me more than 250% more than what I am currently paying…………………
Since I make less than $250,000 a year and this fee is considered an excise tax – Obama – YOU LIE!!!