Wednesday, April 24, 2013

This fall, millions of already cash-strapped Americans will apply for taxpayer-funded government subsidies to help pay for their mandatory Obamacare coverage, which is set to begin next year. But according to new reports, individuals who incorrectly predict their future income on the subsidy forms, or who end up having lower income in 2012 than in 2013, will end up having to pay back some or all of the subsidy money back to the government, which could come as a major surprise for many people. But the majority of American taxpayers have no idea that this is the case, and will be unpleasantly surprised when, on top of having to purchase government health care, they learn that they owe even more money back to the federal government for the ridiculous program.