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The dollar for dollar adjustment doesn't work out that way to the determent of the employee. It's not a paycut FYI. However in a union place they work under contracts so it might be a breech of contract.
It is a pay cut. Your employee insurance is that employee's income being spent on insurance. It is apart of your compensation, IE pay.
If they cut insurance then they are cutting your pay. This is objective reality.
Sad and bitter? It's the liberals who expect the government to take care of them cradle to grave. That's as sad as it gets.
Not really. Liberals believe in a private-enterprise economy, but one in which society’s winners are taxed to pay for public services and a safety net for the unfortunate. They believe this is morally superior to the brutally cold capitalism that allowed starvation that preceded the New Deal. It’s only right, liberals believe, for the affluent to help the less fortunate.
Conservatives believes that people have a right to keep what they earn, and that taxing them to support others, no matter how needy or how collectively useful, amounts to theft and a tyrannical impositions on their liberty.
If you couldn't afford insurance before, how in the world are you going to afford the high deductible now? I went to the Blue Cross web site last night and punched in some numbers. The cheapest individual plan was a bronze with a $6000 deductible that cost $200 a month with the subsidy. Prior to the subsidy, the cost was $315 a month. If you are just looking for something to cover you in case you have a heart attack, that sounds great. If someone has health issues though, they will be paying $6000. That's not so cheap if someone is trying to make ends meet. They probably need one of the better plans which are expensive. Seriously, if one can't cough up with $315 a month, how can they suddenly come up with $6000.
Got a better idea? Let's hear it. I have one: universal mostly "free' coverage funded by taxes. ACA helps, but is a long way from what is needed and it does more to make the insurers rich than it does to help people afford medical care.
But the reality is that homeownership is heavily subsidized by the federal government. The homeowners mortgage interest deduction and well as the deduction for property taxes spends a lot of money every year so that relatively well to do Americans can own homes.
The government subsidizing taxes or interest rates on a piece of property isn't handing it out to someone. And when the government gives a tax deduction for property taxes it is usually for good reason.
My ex had a huge (I think we paid only 30 bucks) property tax cut for several years after our house was diagnosed with defective Chinese drywall. He still had to buy the house first before any type of tax cut came through. The government did this so that rather than bail on the houses people would stay and maybe try to solve the problem and not leave the homes to decay.
I entered in the info for my family. we currently have helath insurance through my wife's employer which costs roughly 5000 a year. Under Obamacare we'd be eleigible in the state of NH for a plan costing 9500 per year and since we make too much money would not receive a tax credit.
Sooner or later the middle class is going to find out that the only thing Obamacare is going to do to them is screw them and it aint gonna be pretty for the people who devised this plan and forced it upon us.
But it's only what's best for you. Now shut up and pay for it, or we have the IRS punish you with a tax, or we could have a jail cell waiting for you. Then, go read the thread about the people making out like a bandit with ObamaCare, on your dime.
It is a pay cut. Your employee insurance is that employee's income being spent on insurance. It is apart of your compensation, IE pay.
If they cut insurance then they are cutting your pay. This is objective reality.
Only 7.5% percent of it as almost all other out of pocket medical based expenses including after tax premiums are deductible on their own tax returns more or less.
The government subsidizing taxes or interest rates on a piece of property isn't handing it out to someone. And when the government gives a tax deduction for property taxes it is usually for good reason.
My ex had a huge (I think we paid only 30 bucks) property tax cut for several years after our house was diagnosed with defective Chinese drywall. He still had to buy the house first before any type of tax cut came through. The government did this so that rather than bail on the houses people would stay and maybe try to solve the problem and not leave the homes to decay.
Yes, when the government subsidizes taxes or interests or homes or property that is the government handing out money to someone.
There is no question that the federal government perceives it is in its best interest to subsidize homeownership. I wouldn't argue otherwise.
Only 7.5% percent of it as almost all other out of pocket medical based expenses including after tax premiums are deductible on their own tax returns more or less.
So we agree it is a pay cut. The percentage is irrelevant in terms of understanding that yes it is a pay cut.
Only 7.5% percent of it as almost all other out of pocket medical based expenses including after tax premiums are deductible on their own tax returns more or less.
No.
Whatever the employer spends on an employee is part of the employee's compensation. Take away part of the compensation, and you are reducing the employee's compensation by however much the employer previously expended minus what they currently expend.
And if someone doesn't have any medical expenses, the loss of insurance coverage is still a loss.
Because your presumably able-bodied 19 year adult old son was not "big boy" enough to pay for his own insurance? Now there's something to brag about!
Those of us who had our first jobs at age 14 and $5,000 in the sock drawer by age 15 can't even come close to relating to those of you who insist on coddling your spawn into worthlessness! He will be a damn good Democrat indeed!
A fine example of compassionate conservatism! I'm awesome and you and your family suck! Lazy bums! Die, already!
More bumper stickers coming soon ....
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