Budget Matters Blog

Tag : 'affordable care act'

You Ask, We Answer: How Will Obamacare Affect My Taxes?

Last week we got a call from Ayesha in Houston, Texas. She said she heard Obamacare will be funded through taxes, so she wanted to know how much more she'd have to pay. Here's the scoop.

Only some people will pay higher taxes as a result of Obamacare. Will you be one of them? Here's how to tell. First, if you make more than $200,000 per year (or $250,000 as a married couple), then you should expect to pay additional taxes to fund the health reform law. And second, if you don't have health ...