The Destruction Of The Middle Class …

In Russia the communists destroyed the middle class by shooting the kulak farmers and seizing their land. Obamacare Will Force Many Americans to Earn Less … 40-30 rule.

The San Francisco Chronicle reported, via TownHall:

People whose 2014 income will be a little too high to get subsidized health insurance from Covered California next year should start thinking now about ways to lower it to increase their odds of getting the valuable tax subsidy. “If they can adjust (their income), they should,” says Karen Pollitz, a senior fellow with the Kaiser Family Foundation. “It’s not cheating, it’s allowed.” Under the Affordable Care Act, if your 2014 income is between 138 and 400 percent of poverty level for your household size, you can purchase health insurance on a state-run exchange (such as Covered California) and receive a federal tax subsidy to offset all or part of your premium. …getting below the 400 percent poverty limit could save many thousands of dollars per year…

…To get a subsidy, the couple’s modified adjusted gross income for 2014 income would need to fall below $62,040, which is 400 percent of poverty for a family of two. …Proctor estimates that her 2014 household income will be $64,000, about $2,000 over the limit. If she and her husband could reduce their income to $62,000, they could get a tax subsidy of $1,207 per month to offset the purchase of health care on Covered California. That would reduce the price of a Kaiser Permanente bronze-level plan, similar to the replacement policy she was quoted, to $94 per month from $1,302 per month. Instead of paying more than $15,000 per year, the couple would pay about $1,100.

Democrats like their voters broke, stupid, and dependent.

What do you want to be???

And how it’s done … GENERATIONAL THEFT: How Washington Really Redistributes Income.

5 Responses to The Destruction Of The Middle Class …

  1. rmnixondeceased says:

    Reblogged this on Dead Citizen's Rights Society.

  2. genomega1 says:

    Reblogged this on News You May Have Missed and commented:
    The Destruction Of The Middle Class …

  3. Destruction of the Middle class.What about the struggling poor who do not qualify for government assistance that will not have to pay almost half of their paychecks for health care or pay a fine? These people will be completely destroyed economically and many will resort to violence, criminal activities to help their families.

  4. Reblogged this on My opinions on America's issues and commented:
    Destruction of the Middle class.What about the struggling poor who do not qualify for government assistance that will not have to pay almost half of their paychecks for health care or pay a fine? These people will be completely destroyed economically and many will resort to violence, criminal activities to help their families.

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