Obamacare Subsidies Come With Complex IRS Regs

As we enter 2015, the politics of the president’s healthcare law are little changed from last year or the year before, or any year since it was passed. The details change with the calendar, but year after year, the law remains a major drag on President Obama’s popularity and legacy.

Defenders of the law commonly known as Obamacare continue to believe the law will eventually become popular and point to a growing number of people with insurance as proof the law is working. Sooner or later, they reason, those who receive insurance through the healthcare exchanges will express their gratitude in the voting booth.

But that’s not going to happen. Why? Partly because the irritation factor has been and will continue to be far more significant than most advocates of the law want to admit.

The next round of irritation is almost here and will directly impact the people that the president’s team is hoping to win over.

The law provides health insurance subsidies to more than 6 million taxpayers. In general, they are lower-income Americans who file the simplest tax returns — a 1040 EZ.