Skip to main content

View Diary: Paul Ryan unveils 'health reform' plan, pitches his budget plan (95 comments)

Comment Preferences

  •  It's not even that. It's a CREDIT (11+ / 0-)

    that you claim on your 1040 in APRIL which does NOTHING to help pay the premium NOW.

    Basically, it means you pay and maybe you'll get a couple extra dollars back on your return.  Problem is, you can't get back more than was withheld.

    "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity." --M. L. King "You can't fix stupid" --Ron White -6.00, -5.18

    by zenbassoon on Wed Sep 28, 2011 at 09:02:20 AM PDT

    [ Parent ]

    •  an idea whose time is still here: Nationalization (7+ / 0-)
      1948: National rail, inland (not marine) water transport, some road haulage, some road passenger transport and Thomas Cook & Son under the British Transport Commission. Separate elements operated as British Railways, British Road Services, and British Waterways, also national health services created (as England and Wales, for Scotland and for Northern Ireland) taking over a mixture of previously local authority, private commercial and charitable organisations.

      I am off my metas! Präsidentenelf-maßschach; Warning-Some Snark Above"Nous sommes un groupuscule" (-9.50; -7.03)

      by annieli on Wed Sep 28, 2011 at 09:06:46 AM PDT

      [ Parent ]

    •  no, if it's a refundable tax credit (2+ / 0-)
      Recommended by:
      RenMin, Tx LIberal

      you would get whatever the amount of the credit exceeds your tax liability.  If you have no tax liability, you would get the full amount of the credit--that's why it's called "refundable".

      I don't know if the credit would be in fact refundable, but I'm assuming it would be, like the earned income tax credit for low income households.

      •  But it doesn't change the fact that it won't (0+ / 0-)

        help you pay November's premium when you file your taxes in April.

        "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity." --M. L. King "You can't fix stupid" --Ron White -6.00, -5.18

        by zenbassoon on Wed Sep 28, 2011 at 10:07:12 AM PDT

        [ Parent ]

      •  IAW (0+ / 0-)

        If you don't make much money and pay little in income taxes you are screwed even worse.  I'm sure they won't count social security or medicare in calculating the "credit".  Now that's a Ponzi Scheme!

        Mr. Boehner, where are the jobs?

        by Tx LIberal on Wed Sep 28, 2011 at 10:23:47 AM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site