New Healthcare Law Lowers Tax Refunds for Certain Taxpayers

April 5, 2015 5:52 PM

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This is not our best of times, for a number of taxpayers in the U.S. because the April 15 deadline for taxes signifies another new reality that will impact upon the amount of their tax returns, especially for those getting help with Obamacare subsidies put in place by the Obama administration to help health insurance coverage amongst other things.

Now some people are provided with credits under the health law to enable people who were uninsured whose health insurance was not tied to the jobs, to have private health coverage.

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