Am I the only one who hates Obamacare? (racist, claim, administration)
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employers paying half of social security is part of the employees compinsation package for work. Your argument doesn't hold water.
Not to mention the litany of of other tax deductions you get to make while running a business.
Independent contractors don't typically have a whole lot of business deductions. Most of the time they're just doing work that used to done by employees, they're just doing it without benefits. Companies are cutting employees and contracting work out instead so they don't have to offer benefits, including paying half of the SS and Medicare taxes. More and more companies are opting for this kind of arrangement, so much so that within five years, nearly half of all working Americans will be independent contractors.
So what's your solution when nearly half the population no longer has access to government subsidized healthcare through their employers? We pay taxes, and a lot of them. Why are we not deserving of the same type of government access to affordable healthcare that employees, who pay a lower tax rate, have?
Yeah, yeah, yeah, it's always different when it's your subsidy we're talking about. It's only mooching when it's somebody else getting the same benefit you've been enjoying for years. Because you're just more special than people who are self-employed, more deserving of special government tax breaks, right?
Estimates are that by 2020 more than 40% of the workforce will be comprised of independent contractors. That means 40% of full time workers in this country that will have no access to the government subsidy that you receive. And still, you think you deserve it and other hard working Americans don't. Sounds like a typical moocher attitude to me.
What ever you need to tell yourself to feel better. It's not income so why would it be taxed? Should I be taxed on the amount of time off that I am able to have since you don't get the same amount of time off? I don't get why you think some should have to pay tax on a benefit and then others should be GIVEN free money for that same benefit and not taxed on that. What world are you living in? Here's your eitc your subsidy for obamacare and you don't have to lift a finger for it because we already took it from someone else who earned it for you.
Independent contractors don't typically have a whole lot of business deductions. Most of the time they're just doing work that used to done by employees, they're just doing it without benefits. Companies are cutting employees and contracting work out instead so they don't have to offer benefits, including paying half of the SS and Medicare taxes. More and more companies are opting for this kind of arrangement, so much so that within five years, nearly half of all working Americans will be independent contractors.
So what's your solution when nearly half the population no longer has access to government subsidized healthcare through their employers? We pay taxes, and a lot of them. Why are we not deserving of the same type of government access to affordable healthcare that employees, who pay a lower tax rate, have?
Because it isn't government sunsidized. The employer is giving it to you not gov as they do in obummercare. Why is mine taxed and yours is free? I earned it you didn't.
Nope, I was FORCED TO PAY into it all my life. If I had my CHOICE I wouldn't have put it into my account. You better damn well believe I plan on drawing the money I paid into it out. Gotta problem with that?
No, but you do realize the Medicare benefits most receive far exceed what they contribute? So, yes, you're just another hypocritical curmudgeon who wants to deny others the 'luxury' of health insurance you have.
Because it isn't government sunsidized. The employer is giving it to you not gov as they do in obummercare. Why is mine taxed and yours is free? I earned it you didn't.
Bull. You are getting a subsidy when you get your insurance through your employer. I am not. I pay the whole FICA bill, with no exclusions, you do not. My rate is higher than yours. There's nothing "free" about paying a higher tax rate but getting less in return. I'd say I earned it more than you did.
Federal and state tax laws do not include the value of employer contributions for health insurance (or health benefits when paid directly by employers) in the income of employees. Employees often also can make their contributions towards the premium for ESI with income before it is taxed. This lowers the amount employees owe in income taxes, and lowers payroll taxes paid for Medicare and Social Security (collectively known as FICA, or the Federal Insurance Contributions Act taxes).1 The exclusions of employer and employee contributions from income and payroll taxes are the largest tax subsidy for private health insurance.
No, but you do realize the Medicare benefits most receive far exceed what they contribute? So, yes, you're just another hypocritical curmudgeon who wants to deny others the 'luxury' of health insurance you have.
LOL, just complying with the LIBERAL laws of the land when time comes. What's wrong, don't like them liberal laws? Guess what.. I could be a rich man and get Obamacare subsidies too if I wanted
LOL, just complying with the LIBERAL laws of the land when time comes. What's wrong, don't like them liberal laws? Guess what.. I could be a rich man and get Obamacare subsidies too if I wanted
No, I'm not complaining at all. While the ACA has problems, it has provided health insurance for several million who weren't previously covered. Isn't more persons having better health coverage (or at least some coverage) an improvement?
Bull. You are getting a subsidy when you get your insurance through your employer. I am not. I pay the whole FICA bill, with no exclusions, you do not. My rate is higher than yours. There's nothing "free" about paying a higher tax rate but getting less in return. I'd say I earned it more than you did.
Federal and state tax laws do not include the value of employer contributions for health insurance (or health benefits when paid directly by employers) in the income of employees. Employees often also can make their contributions towards the premium for ESI with income before it is taxed. This lowers the amount employees owe in income taxes, and lowers payroll taxes paid for Medicare and Social Security (collectively known as FICA, or the Federal Insurance Contributions Act taxes).1 The exclusions of employer and employee contributions from income and payroll taxes are the largest tax subsidy for private health insurance.
There's a lot more at the link. But to quote you, whatever you need to tell yourself to feel better.
Is it a nice benefit yes. It is not a subsidy though because they are not taking heyjudes tax dollars and using that to pay for my health insurance. They are simply saying it is not taxable. The employer can offer to pay for whatever % of the premium that they want and YOU haven't funded a single penny of it. However when my tax comes out some is transfred to heyjude to pay for yours. Do you get this yet?
Tax dollars don't fund my premium they simple don't take more tax from it because it is not income coming to me. Tax dollars do fund yours because you are purchasing a product with assistance from someone else money.
ACA was good for my daughter with pre-existing disease. First we were able to keep her on our plan until she was 26, then she was finally able to get decent coverage at a decent price in CA due to reforms. Previously no one would take her.
Which of course made insurance more expensive, despite the Presidents promise to lower them by $2500 per family.
You cant insure more people, at a higher risk, without raising premiums on others more than you wouldnt have had to otherwise.
Bull. You are getting a subsidy when you get your insurance through your employer. I am not. I pay the whole FICA bill, with no exclusions, you do not. My rate is higher than yours. There's nothing "free" about paying a higher tax rate but getting less in return. I'd say I earned it more than you did.
Federal and state tax laws do not include the value of employer contributions for health insurance (or health benefits when paid directly by employers) in the income of employees. Employees often also can make their contributions towards the premium for ESI with income before it is taxed. This lowers the amount employees owe in income taxes, and lowers payroll taxes paid for Medicare and Social Security (collectively known as FICA, or the Federal Insurance Contributions Act taxes).1 The exclusions of employer and employee contributions from income and payroll taxes are the largest tax subsidy for private health insurance.
There's a lot more at the link. But to quote you, whatever you need to tell yourself to feel better.
Oh bull. We've been through this before, and you dont ever seem to be able to learn that allowing people to keep their money IS NOT A DAM SUBSIDY...
What on gods earth is it going to take before you stop trying to pass this outright lie as the truth?
You claim to be self employed, independent contractor, and you dont know the difference between a tax deduction, vs subsidy? Who the hell does your taxes woman!!!
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