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To: GOPJ

makes good sense


10 posted on 09/28/2012 8:42:39 AM PDT by Lorianne (fedgov, taxporkmoney)
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To: Lorianne
makes good sense

Maybe for the company - BUT NOT for you ...

That extra money is TAXABLE income to you ...

For example, lets say you are single and a policy will cost you $4K ...

About 30% of that "income" will be taxable to you [$1.2K] in the form of Federal, State, FICA, etc.

So, now you have $2.8K for your healthcare that costs $4K ...

HELLO - YOU now need to pony up the $1.2K difference in order to get your healthcare ...

17 posted on 09/28/2012 9:20:19 AM PDT by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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