In CA if have $46K income you get helpful notice "your adjusted income is just above the boundary ..." Translation: CHEAT US! (wink, wink)
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@ByronYork Big subsidy payoff ($220/mo) if cheat just a bit 2 get under cutoff. Below that sub. payoff < tax-cheat payoff, but on top of itThanks. Twitter will use this to make your timeline better. UndoUndo
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@ByronYork In other words, Ocare subsidy structure almost doubles payoff for fudging income, by my rough calc. http://dailycaller.com/2013/12/08/big-obamacare-payoff-for-tax-cheats … -
@kausmickey Why would anyone ever report $46,000, or $47,000, or $48,000, in AGI again? -
@ByronYork Exactly, unless they have un-getaroundable w-2s and 1099s and no fudgeable deductions.
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@ByronYork@kausmickey. Correct. Only. Save alittle -
@SYermes
@ByronYork No! At top of range can save $225 a month with a $50 income fudge. Big payoff for a little adjustment. -
@kausmickey@ByronYork they didn't smooth out the cliffs. did they? What a surprise. Law so poorly written
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@ByronYork@kausmickey what about the cost of subsidy times thousands claiming it. Now it's not small amount of money that someone is payingThanks. Twitter will use this to make your timeline better. UndoUndo
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