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To: FirstFlaBn

Benefits are new since 1973?

Are we intentionally distorting reality to attempt to make a point?

Healthcare costs have been hidden in benefit packages to a certain extent, but there were a lot more defined pension plans in the 70’s that are long gone.

Personally, I have a lot of extended family members working blue collar jobs & I’ve watched them tread water and lose ground for the last +20 years.


30 posted on 06/13/2016 1:32:54 PM PDT by zek157
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To: zek157
Benefits are new since 1973?

Benefits are nontaxable. As health care costs rose, rational employers offered more non-taxable benefits in lieu of pay increases. Not even considering income taxes, a pay increase meant both you and your employer paid Medicare/SS taxes.

For some strange reason, I remember my employer in 1977 informing us that single health insurance was costing him $40 per month (he paid 100%). Tax the difference at almost 15%.

I offered the way to check the writer's dishonesty. You instead fell back on anecdote. Waste of time.

39 posted on 06/13/2016 3:56:44 PM PDT by FirstFlaBn
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