General Discussion
In reply to the discussion: How an additional $1,000 in income can cost you $6,420 more in premiums in CA [View all]Honeycombe8
(37,648 posts)You don't think there should be a cutoff for food stamps, or welfare, or housing subsidies? I don't understand why you aren't happy for those getting a subsidy. Makes no sense. Is your point that you just don't like the ACA, so anything connected with it is bad?
There has to be a cutoff somewhere. What's hard to understand about that? A couple earning $63k a year is hardly poor and doesn't really need a subsidy. So they don't get it. Easy to understand.
I haven't researched it, but I doubt the OP's premise that the subsidy for the $62k couple is that high, since the subsidies are on a sliding scale. Meaning a couple earning $40,000 would get a larger subsidy than the next level up, and they would get a larger subsidy than the $62k couple. But even accepting the OP's premise, there is a cutoff after which you don't get a subsidy.
Just like there is a cutoff after which you don't get food stamps, or welfare, or housing subsidies, or a lower tax rate. There's a cutoff after which you don't have to pay Social Security tax. There are always cutoffs. Easy to understand. If you're around the margin, it's irritating. But that couple has the option of NOT getting that extra $1k in income. But they'd end up with over $500 less in money, so that doesn't make sense.