[Qiviut]

Alll those happy "I love my Obamacare" folks will be singing a different tune if/when they get a hefty tax bill ... one the IRS can use every means at their disposal to collect. Per the article below, bills could range from a couple of hundred dollars to $10-12K.

Are ObamaCare's Tax Credits Harmless? The Little Understood Dark Side Of The Subsidies

By accepting a tax credit, low-income or lower-middle class families face significant tax ramifications and potential financial risk. Congress has changed the rules twice on consumers for the credits, making the income cliffs steeper, and fully equipping the IRS to claw back overpaid subsidies (unlike the individual mandate penalty).

The flip side of the tax credits is almost unknown to the general public.

[gleeaikin]

Interesting Obamacare development.