“Look at what happens once a single person who is 50 or older hits annual earnings of $45,961. At that point, what remains of those wonderful “tax credits” goes up in smoke. For a 50 year-old single person, dollar number 45,961 causes their annual exchange premium (i.e., ‘tax’) to increase from $4,366 to $5,390. That’s because what Kaiser calls Obamacare’s ‘government tax credit subsidy’ (they’re also having a hard time with the language) goes from $1,024 to zero. For a 64 year old, a ‘tax credit subsidy’ of $4,688 gets zeroed out. The marginal tax rate on dollar number 45,961 for that person is a whopping 468,800%.”

http://pjmedia.com/blog/obamacares-cool-calculator-work-disincentives-like-weve-never-seen-before/

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