IRS Report Reveals How Obamacare “Spread [$11 Billion] Of Wealth Around” – 09.29.16

  • If folks don’t like their healthcare then they can give us all their money so we can give it to other folks.
  • New IRS disclosures from the 2014 tax year reveal the specifics of how the so-called “Affordable Care Act” helped to facilitate Obama’s desire to, as he famously told “Joe the Plumber”, “spread the wealth around.”
  • To be precise, in 2014, Obamacare spread $11.2BN of wealth around, in the form of healthcare premium tax credits, with nearly 80% going to taxpayers reporting less that $35,000 of adjusted gross income.  Moreover, the average tax filer received $3,600 of healthcare premium support with those in the lowest tax bracket receiving over $5,500 per person.

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Source: zerohedge.com

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