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Author Topic: oSCUMa lie #8774068474 New income taxes on employed/retired  (Read 31 times)
rwd
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« on: July 12, 2010, 09:14:18 AM »

oSCUMa lie #7849098673776493 New tax on workers/retirees
No one making under $250000 will see a tax increase, ....not any tax increase of any type.......
LIAR-IN-CHIEF said:  No one making less than $250000 will see one dime of tax increase.  Not any kind, never.

Well, under oSCUMaCRUD, starting in 2011, your W-2 will include the value of your employer-provided health insurance which will be taxed as income, whether you earn $10,000 or 10,000,000,000.  The LIAR-IN-CHIEF strikes again.   VERIFICATION:  All legislation is published at www: thomas.gov ; enter HR 3590 in the search Box and look for summaries.
On page 25 of 29 :

TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE OFFSET PROVISIONS-(sec . 9001 , as modified by sec. 10901) Sec.9002. 
"requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer sponsored group health coverage that is excludable from the employees gross income."

  -Joan Pryde (senior tax editor for the Kiplinger letters) Go to Kiplingers and read about 12 other tax changes that could affect you.
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Blessed are the children, for they shall inherit the national debt.............Herbert Hoover
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