Newsmax
December 28, 2013
People who use subsidies to help pay for their Obamacare policies may get a nasty shock at tax time, when the Internal Revenue Service could hit them with a big demand to repay they money.
While it’s in the law, it’s still likely to make plenty of Obamacare subscribers angry at the IRS.
“If I were the IRS, I would be very concerned that I’m going to be viewed as the villain when people have to pay back money the government gave them for health insurance,” says Chris Condeluci, who served as Senate Finance Committee GOP tax counsel when Obamacare was being drafted.
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