More on the ObamaCare Marriage Penalty
The 22-page report from House Oversight Committee Chairman Darrell Issa (R-Calif.) concludes that married couples will get only 14 percent of the law’s tax credits, even as more than 7 million mostly single people cease paying income taxes altogether.
The report concludes that fewer than 2 million couples — out of 60 million nationwide — are projected to benefit from the insurance subsidies, while “almost half of the beneficiaries of the tax credit will be unmarried individuals without dependent children.”
“These numbers,” the report says, “suggest that an impact of the [law’s] health insurance tax credit will be to introduce a significant new marriage penalty into the tax code.”
Obama Care is anti-family? I’m supposed to be surprised at that?
Vicki, it’s just a tax on marriage. That’s all.
Families with kids pretty much get a free ride on taxes with all the tax breaks. Now single, heads of households will get an even bigger break.
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