Forbes: Obamacare and ER

[GoodWishes]

Just to remind people, the government has always been subsidizing health care for people who get insurance through their employers by not requiring people pay taxes on that benefit. Most people that buy health insurance on their own don't have this benefit of not paying taxes on their insurance premiums. So to a partial extent, the ACA is providing this benefit to people that buy their own insurance and it balances things out a bit.

Thanks for the reminder. I think that is a very good point.

I also agree with Which Roger that very few people have high asset and low income. As long as everything is done by the book, I also don't agree that it is gaming the system. No system is perfect.

 

[Which Roger]

Thanks for the reminder. I think that is a very good point.

I also agree with Which Roger that very few people have high asset and low income. As long as everything is done by the book, I also don't agree that it is gaming the system. No system is perfect.

Also, the few who do have high net worth and low income likely had high income during their w*rking years and therefore paid a big chunk of it in taxes.