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What is mind-boggling is the marginal rate one has to pay for insurance, based on income. As income rises linearly the percentage of income one has to pay also rises linearly. The marginal rate tops out at ~26% (using ARP numbers).

I'm confused. Insurance premiums (along with other medical expenses) in excess of 10% of your income are deductible on Schedule A. And the American Rescue Plan provides subsidies for premiums in excess of 8.5% of your income. Can you take me through the math where you are getting a 26% 'marginal' rate?

AJ
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