Obamacare will bring about an increase in business for lawyers and accountants during tax season. The New Hampshire Union Leader,
Several New Hampshire-based tax preparers told this newspaper last week that they expect Obamacare to bring them many more clients this year, and they expect those clients to be angry. To get a subsidy on the health insurance exchange, people had to estimate their annual income. If they pegged it too low, they got a bigger subsidy than the government allowed, and they will have to repay the difference. A lot of people are going to owe more than they anticipated.
According to federal data, 40,262 Granite Staters bought health insurance on the exchange last year. State data show that 88 percent of them got federal subsidies. All of this cost and complexity just to make health insurance more “affordable.” Surely Americans do not believe that this is the only or the best way to accomplish that goal.
