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Obamacare is "INCOME"

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    #1

    Obamacare is "INCOME"

    Title IX Revenue Provisions—Subtitle A: Revenue Offset

    "(Sec. 9002) Requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer-sponsored group health coverage
    that is excludable from the employee's gross income (excluding the value of contributions to flexible spending arrangements)."


    Starting in 2011—next year—the W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are provided.

    If you make $50k per year and your employer pays $5k per year towards your health benefits, then your gross taxable income is now $55k.

    They raised your taxes even though you make under $250k.
    Build your own dreams, or someone else will hire you to build theirs!

    Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.
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    #2
    this coupled with the tax cuts due to expire is going to raise the tax burden OF EVERYONE BY A FUCK LOAD They have to pay for all that shit for everyone else some how.


    goodie my taxes just went up by at least 3k dollars next year with just this not including the expiration of the cuts, and I dont make anywhere close to 250k.

    SO fucked
    Originally posted by Fusion
    If a car is the epitome of freedom, than an electric car is house arrest with your wife titty fucking your next door neighbor.
    The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. -Alexis de Tocqueville


    The Desire to Save Humanity is Always a False Front for the Urge to Rule it- H. L. Mencken

    Necessity is the plea for every infringement of human freedom. It is the argument of tyrants.
    William Pitt-

    Comment

      #3
      Obama is the fucking man!!
      Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

      "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. Charity is no part of the legislative duty of the [federal] government." ~ James Madison

      ‎"If you've got a business, you didn't build that. Somebody else made that happen" Barack Obama

      Comment

        #4
        what
        sigpic
        Originally posted by u3b3rg33k
        If you ever sell that car, tell me first. I want to be the first to not be able to afford it.

        Comment

          #5
          It's an assbackwards way of taxing us...
          Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

          "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. Charity is no part of the legislative duty of the [federal] government." ~ James Madison

          ‎"If you've got a business, you didn't build that. Somebody else made that happen" Barack Obama

          Comment

            #6

            Comment

              #7
              well that is just fantastic
              Porsche 911

              Comment

                #8
                It's called "Creative Banking", the rest of our financial industry sector has been juggling +'s and -'s for years.

                Comment

                  #9
                  false

                  http://www.freedomspeaks.com/letter/860205/title-ix-revenue-provisions-subtitle-a-revenue-offset-provisions-sec


                  Health Care Law and W-2 Forms - FactCheck.org
                  http://www.factcheck.org/2010/05/health-care-law-and-w-2-forms/
                  Q: Does the new health care law require workers to pay income tax on the value of employer-provided health insurance? A: No. The value will appear on employees’ W-2 forms for information purposes, but will not be considered taxable income. FULL QUESTION I would like to know how accurate the following e-mail claim is: You really need to read this……starts next year This is supposed to be part of the new Health Care Bill.
                  2008 335i - n54b30
                  1991 318i - m52b28
                  1994 fzj80 - LAND CRUSHER

                  Comment

                    #10
                    Originally posted by drumad View Post
                    false

                    http://www.freedomspeaks.com/letter/860205/title-ix-revenue-provisions-subtitle-a-revenue-offset-provisions-sec


                    http://www.factcheck.org/2010/05/hea...and-w-2-forms/



                    Yeah right...."just list it, we wont tax you on it. We just want the information only".
                    Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                    "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. Charity is no part of the legislative duty of the [federal] government." ~ James Madison

                    ‎"If you've got a business, you didn't build that. Somebody else made that happen" Barack Obama

                    Comment

                      #11
                      Originally posted by drumad View Post
                      false

                      http://www.freedomspeaks.com/letter/860205/title-ix-revenue-provisions-subtitle-a-revenue-offset-provisions-sec


                      http://www.factcheck.org/2010/05/hea...and-w-2-forms/

                      hahahaha, both sites are known for their liberal bias! Google it!
                      Build your own dreams, or someone else will hire you to build theirs!

                      Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                      Comment

                        #12
                        What's interesting here is all this information is already listed through your employer. So there's no point in listing it on your tax return if it's truly for information only.
                        Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                        "I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. Charity is no part of the legislative duty of the [federal] government." ~ James Madison

                        ‎"If you've got a business, you didn't build that. Somebody else made that happen" Barack Obama

                        Comment

                          #13
                          Originally posted by joshh View Post
                          What's interesting here is all this information is already listed through your employer. So there's no point in listing it on your tax return if it's truly for information only.
                          The only thing I can come up with is, for the auditors of the IRS will look for people that do not have this filled in and fine them for not having health coverage. It would make it easier for the brainless people of the IRS to locate that information with out auditing the business itself.

                          Though the other day it came out that the Obamacare solution will not be covering pre-existing conditions. Leaving millions once again with out coverage. But will still be fined for not having it.
                          Build your own dreams, or someone else will hire you to build theirs!

                          Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                          Comment

                            #14
                            You should try to do more research before spouting ignorant speculation.

                            Comment

                              #15
                              Originally posted by tonywonder View Post
                              You should try to do more research before spouting ignorant speculation.
                              And you can just fuck off!
                              Build your own dreams, or someone else will hire you to build theirs!

                              Your signature picture has been removed since it contained the Photobucket "upgrade your account" image.

                              Comment

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