No. of Recommendations: 2
“What are your approximate total household liquid assets?
What's your household net worth?
Why should ACA Covid-era enhanced subsidies be available regardless of family wealth?”
It’s the age old story.
Person 1 works hard and saves. Sacrifices. Takes career, business and investing risks. Pays a lot of taxes along the way. And eventually builds a nice nest egg.
Person 2 does none of these, but does party hard. Pays little tax. Zero or negative net worth.
Person 1 is expected to pay 100x as much for healthcare, effectively subsidizing person 2.
Is that fair? Not sure. I go back and forth on it.
I would expect a conservative to be on the side of person 1, but what do I know?
