Wall Street OTC – by Nathan Fortin
US President Barack Obama’s healthcare insurance law was once seen as a big political advantage for the congressional Democrats as the Affordable Care Act was touted as “the largest tax cut for healthcare in American history.” But experts have come up with entirely different arguments about health insurance and tax refunds.
According to the experts, the Obamacare has made an already complicated tax system more complex for many consumers as over one third of the nearly seven million American households, receiving tax credits to help pay for Obamacare to get insured, will lose all or a portion of their expected tax refunds this year. Continue reading “Obamacare-related Tax credits to lower Tax refunds of millions this year”

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