Income Tax Refunds Messed Up for almost a Million by Obamacare

The Affordable Care Act is interfering with the income tax refunds of about a million people. The first number reported is 800,000. So reports the Associated Press: About 800,000 HealthCare.gov customers got the wrong tax information from the government, the Obama administration said Friday, and officials are asking those affected to delay filing their 2014 returns. But as you follow the story, you learn that another hundred thousand were messed up by the California insurance exchange. Then Read more […]

Obamacare Subsidies Are Going to Hurt Half the Recipients

People receiving Obamacare subsidies are about to go through financial pain. The point of Obamacare subsidies was that people needed to be helped in order to avoid financial pain. People applied for insurance and filled out their information and were told that the government would be subsidizing what they paid for it. But it is not quite that simple. H & R Block has estimated that half of those who received subsidies are going to have to pay some amount of that money back to the Read more […]

Obamacare Will Consume Some Tax Refunds

Awhile back, Bob Allen posted about the government confiscating tax refunds without warning for old debts that no one knew about except the government. Now it looks like the government will have a new reason to make tax refunds disappear: Obamacare.   According to USA Today:  A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could Read more […]

In Praise of Misery

Recently a critic claimed that writers and readers of Political Outcast are “miserable.” As it happened, the same day I saw the comment I also saw this image posted on Facebook by Young Americans for Liberty. I can’t think of a more explicit example of why a person can be better off replacing happiness and contentment with misery. Of course, I’m not completely serious. God wants us to rely on him and, in light of his special promises through Jesus, to be content and happy. But Read more […]