08-02-2014, 08:22 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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IRS Schedule A requires a 10% to 7.5% threshold of your AGI.
The Feds and the Obamacare law (ACA) exempt you if the cost of insurance would be more than 8% of your AGI.
Using the ACA law's own 8% rule:
The cumulative USA household income might be $73,000 in 2014 chart 2012 http://1.bp.blogspot.com/-nkE96F6Bdq...holds-2012.png
So, 8% of $73,000 = $5,840 or $486.67 /mo for a household.
Average USA household is 2.55 today that's $190.85 /mo per person average or $572.55 /mo, make some allowance of age male: 36.3 years female: 39 years (2014 est.) [source CIA Work Fact Book LOL] and for household income.
So, say we all paid a 8% surcharge on our annual income (AGI) for a national healthcare with the same minimums as the Obamacare mandated private insurance premiums -- where would you stand? That's for all persons listed on that taxpayer's tax return.
Bottom line the government's own rules tell many, on the average they are getting fucked over, if your situation is closer to the median you are really getting a subsidy. I suppose if your household income is $146,000 or more you are within that 8%.
That 8% is telling us that on average we are paying more than twice what something is worth (or should cost).
The solution is not going back to what we had before the ACA passed it's a solution of the replacement of the private healthcare system and it's abuses. Healthcare in America would make Lucky Luciano proud it is run like a Mafia racket.
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