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TheMastersNemesis

(10,602 posts)
Wed Mar 8, 2017, 02:46 PM Mar 2017

Remember Vouchers (Coupons) & Tax Credits Are Like Being Given A Car With No Motor.

They can tout all these vouchers and tax credits all they want, but they are pretty much worthless. They do not equal subsidies. In the end vouchers are just free money to the companies. They can still charge you what they want when there are no caps. And the new health care bill will allow companies to take 40% or 50% of the money for profit anyway. And CEOs will get a huge raise virtually tax free from it as well.

Think of it this way with regards to a retail sale. The store sells a shirt for $15. Then they run a sale for $5.00 off. When you go into the store the price tag says $20. So the customer thinks they are getting a bargain on that shirt.

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Remember Vouchers (Coupons) & Tax Credits Are Like Being Given A Car With No Motor. (Original Post) TheMastersNemesis Mar 2017 OP
I heard the repugs floated a BOGO offer too. LOL Lib Mar 2017 #1
The new health care kind of reminds me of Doreen Mar 2017 #2
Exactly. The Credit Looks Like It Is Not An Up Front Payment. TheMastersNemesis Mar 2017 #3

LOL Lib

(1,462 posts)
1. I heard the repugs floated a BOGO offer too.
Wed Mar 8, 2017, 02:51 PM
Mar 2017

Buy one terminal illness at full price and get the second TI half off. It was left out of the plan to discourage poor people from trying to die twice.

Doreen

(11,686 posts)
2. The new health care kind of reminds me of
Wed Mar 8, 2017, 02:51 PM
Mar 2017

health care for animals. You pay the entire fee right there and then and then the insurance company sends back some of it to you three to six months later.

 

TheMastersNemesis

(10,602 posts)
3. Exactly. The Credit Looks Like It Is Not An Up Front Payment.
Wed Mar 8, 2017, 02:55 PM
Mar 2017

Right now with a subsidy you pay $300 for $1000 a month premium. Under the GOP plan you would pay the $1000 then you get your credit at the end. With their plan you get you $3000 after you have put out $12,000. And remember you tax credit will have to be declared as income the next year.

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