WSJ Editorial: “Obamacare’s Tax on the Poor” - News Summed Up

WSJ Editorial: “Obamacare’s Tax on the Poor”


“More than 75% of penalized households [under Obamacare] made less than $50,000 and nine in 10 earned less than $75,000. So check out the data on how ObamaCare is a tax on some low-income families. …Spoiler alert: The payers aren’t Warren Buffett or any of the other wealthy folks Democrats say they want to tax. More than one in three of taxed households earned less than $25,000, which is roughly the federal poverty line for a family of four. More than 75% of penalized households made less than $50,000 and nine in 10 earned less than $75,000.


Source: Wall Street Journal September 23, 2017 20:03 UTC



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