The Fox News Taxpayer Calculator breaks down the tax burden over the next 10 years by income level. If you make under $15,000: it's just over $59.00. If you make between $50,000 and $100,000, it's $6,069.90. And if you make between $200,000 and $250,000, it's $38,200.66
Hey? What happened to my family’s promised $2,500.00 savings?
It’s not the taxes. How much will your standard of living decline because of it.
How much freedom are you willing to sacrifice for some pills or an operation.
At least the EXEMPT and their families,
and their EXEMPT Staff and their families
and all Moslems are free of these taxes
and their complications and DeathPANELS.
And of course, felons.
Aside from the taxes on the insurance company that are passed on to my monthly premium that I pay with AFTER-TAX dollars,
My HSA ia now worthless as a tax write-off because Nancy changed the Minimum Deductible for a Single from $1200 (which Congress previously set) to $1250.
And the percentage of AGI before you begin to write off Medical Expenses just went from 7.5% to 10%.
Powerful stuff. Sounds like something that ought to go in a national political ad.
Wow.
Called to get Obamacare today. Based on my current income of zero, I can sign up for Obamacare for the low price of $9,100/year. Since I can’t afford that right now, I’ll get taxed by the IRS for not having healthcare. I haven’t had healthcare for the last 5 years - so much for covering the uninsured...
The scary part about that chart is that a very small percentage of the population pays almost half of the income tax. We truly have reached a tipping point where a large chunk of the population simply votes itself more and more benefits at the expense of the “rich.” Our tax system is incredibly progressive. Rates aren’t at 70% or 80% but a large chunk of the population pays little or nothing in income tax, and the top 5% pays almost half of all income taxes. That is scary no matter what income bracket you are in. Unless, of course, you are a moocher who wants to live the good life off of someone else’s dime.