Sorry. I just think if we’re going to tax income, tax all income. I’m tired of all the little games.
Also, it costs your employer a bundle to do the bookeeping on the insurance. That would save him/her money.
It wasn’t a good idea to begin with.
If everyone had to pay their own insurance and health care costs, prices would come down.
In my scenario, I was being compensated to the tune of $54K per year and being taxed on $50K.
Now, I am being taxed at the full $54K - with NO adverse penalty to my employer.
I AM OUT OF POCKET AN ADDITIONAL $1200 THROUGH NO FAULT OF MY OWN, THE COMPANY ACTUALLY ADDS MONEY TO ITS BOTTOM LINE, AND THE GOVERNMENT GETS FAT SUCKING EXTRA TAX OUT OF ME ...
Tell me - where is the Fairness in that?
What ever happened to, "If you make less than $250K, you won't see your taxes go up one penny ..."
OF COURSE IT DIDN'T - IT DIDN'T GO UP ONE PENNY, IT WENT UP 120,000 PENNIES !!!
And that is JUST one tax - more to come !!!