ObamaCARE is just one big pile of failure. From the website launch to the ObamaCARE tax glitch tax, it just keeps getting worse for socialized medicine. Johnathan Gruber who designed this joke called ObamaCARE because Americans were too stupid to know what’s good for them probably isn’t affected by the ObamaCARE tax glitch.
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| 800,000 affected by ObamaCare tax glitch |
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Because no matter how hard you try, a disaster is a disaster is a disaster. The number is actually 900,000 when you count the exact same snafu of wrong tax info being sent out to 100,000 separate customers of the California ObamaCare exchange. It’s the nature of big government to breed incompetent bureaucracy. How much longer will we allow this fraud to continue?
Via leftist propaganda rag New York Times:About 800,000 taxpayers who enrolled in insurance policies through HealthCare.gov received erroneous tax information from the government, and were urged on Friday to hold off on filing tax returns until the error could be corrected.
The Obama administration, under heavy pressure from congressional Democrats, also announced that it would give several million people more time to buy health insurance so they could comply with federal law and avoid tax penalties.
The incorrect insurance information is used in computing taxes. Consumers can expect to receive corrected data in the first week of March. With the new data, officials warned, some taxpayers will owe more and some will owe less.
Officials said they did not know why the error had occurred…
Treasury officials said that up to six million people might be subject to tax penalties because they were uninsured in 2014. But health officials said they would help consumers obtain exemptions. Federal officials have authorized more than 30 types of exemptions from the penalty for not having insurance.
Millions of consumers received subsidies, in the form of tax credits, to help them pay premiums for coverage purchased through federal and state insurance exchanges last year. The credits were based, in part, on the consumers’ projected income for 2014 and the cost of a “benchmark plan.”
Mr. Slavitt said the government had discovered that the benchmark premiums were incorrectly reported on forms sent to 800,000 taxpayers, about one-fifth of all the forms mailed out by the federal government.