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View Diary: Uhhhh, About That "tweak" in income verification that's part of the deal. (46 comments)

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  •  I'm not sure this changes anything (14+ / 0-)

    In Connecticut they've been confirming last year's income from federal tax records already.  If you're declared income is more than 10% below  the prior year income they ask you to submit verification of your current income.  You still get the subsidy but you have to supply current verification.

    •  same in Washington (1+ / 0-)
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      kareylou

      The income base-year is 2012. If you know that you'll earn less in 2013, you can enter the new estimate along with an explanatory statement.

      You're supposed to do the same thing if your income is going up as well. How many people who were hired recently will remember to inform the exchange that they won't merit as large a subsidy?

      Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. -- K.Marx A.Lincoln

      by N in Seattle on Wed Oct 16, 2013 at 07:19:08 PM PDT

      [ Parent ]

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