2010, a Good Year to Die (For Your Heirs' Sake)

Jewish World Review ^ | 7/19/10 | Mitch Albom

[KansasGirl]

Guess I should have checked before opening my mouth. ;-)
Don’t know where I came up with that.

[napscoordinator]

No biggie.....You are only 3,784,828 behind me now on this type of thing. lol.

Before today you were 3,784,829) :)

[KeyLargo]

US taxpayers soon to taste the bitter fruit of Obamacare By: Floyd and Mary Beth Brown July 19, 2010

Get ready for your life to change. The so-called benefits of Obamacare don’t start until 2014, but the tax increases, misallocated resources and federal regulations start now. House Speaker Nancy Pelosi famously said the night of Obamacare’s passage, “We have to pass the bill so that you can find out what is in it.” The emerging picture is frightening.

Obamacare dramatically alters the already overregulated health insurance market. The law creates a maze of mandates, federal directives, price controls, tax increases and subsidies.

We all begin paying Obamacare taxes this year. The law includes at last count at least 19 new taxes. As Americans begin to reap the personal financial burden of Obamacare, the movement to repeal it is mounting.

Individuals must pay an annual penalty of $695, or up to 2.5 percent of their annual income, if they don’t purchase an approved health insurance plan. Penalties on families include an annual penalty of $347 per child, up to $2,250 per family, if parents don’t purchase an approved policy.

Most of us have heard about the penalties on employers. Business owners must buy a government-approved health plan or pay a penalty of $2,000 per employee if they have 50 employees or more.

Medicare taxes are climbing, too. The bill requires single people earning $200,000 or more and couples earning $250,000 or more to pay an additional 0.9 percent in Medicare taxes.

Thinking about downsizing or buying a new home? There are new taxes on home sales tacked on the bill. Obamacare imposes a 3.8 percent tax on home sales and other real estate transactions........

Read more at the San Francisco Examiner: http://www.sfexaminer.com/opinion/columns/oped_contributors/US-taxpayers-soon-to-taste-the-bitter-fruit-of-Obamacare--98715324.html#ixzz0u8uGMn00

[KansasGirl]

Here tou go. Guess this is where I came up with it.

http://www.taxfoundation.org/blog/show/1412.html

How do you make a gift to reduce debt held by the public?

If you wish to do so, make a check payable to “Bureau of the Public Debt.” You can send it to: Bureau of the Public Debt, Department G, P.O. Box 2188, Parkersburg, WV 26106-2188. Or you can enclose the check with your income tax return when you file.

Tip: You may be able to deduct this gift on your tax return.

[napscoordinator]

Thanks again....dang now I am even worse off again with regards to my numbers...lol.

Reading your post makes me question whether to allow funds to go to this place. For some reason I don’t trust it....lol. It must be that it sounds too government...ROTFLMAO.

[KansasGirl]

Probably goes to re-elect incumbents!

[VRWCmember]

39 years and 9 months is not 40 years is it? For someone who is conservative you don’t sound it in your post.

This coming from someone who thinks an improvement is to allow the government to confiscate my mony for 40 years, and then let me have a little bit of it back at if I manage to go the full 40 years? What exactly is your idea of conservatism if you think it is the government's money in the first place?

[napscoordinator]

Actually you work more than 40 years to get that money. 40 years is only 18-58 or 22-62 in you attend college. You can’t collect until 66 today and 67 soon and after that they are talking 70 so I don’t see the difference except for those that work 10 years and wait until they can collect or the kids who get SS because their parent passed away....what does that have to do with SS.

[VRWCmember]

I guess it comes down to a difference in philosophy regarding to whom the money belongs. I believe it is my money that was withheld from my paycheck. You seem to be arguing that it is the government’s money for the government to decide if and when I get my money back.

[napscoordinator]

That is a good point...I forget about the government part in all of this. The only thing is that after five or six years of getting SS. You typically get all your money back (supposedly).