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Topic: Eye-popping Costs for Employer-
Provided Health Insurance |
Eye-popping Costs for Employer-
Provided Health Insurance
National Review Online, by Grace-Marie Turner
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Original Article
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Posted By:Dreadnought, 1/30/2013 10:44:23 PM
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| Employees at larger companies are getting some eye-opening news in the W-2 statements they are receiving this month listing their 2012 income. The health overhaul law required employers to add a line reporting the total cost of employer-sponsored health-insurance coverage. “To some, it will be a surprise, perhaps even a shock,” Robert Pear reports in a New York Times piece, “To Open Eyes, W-2s List Cost of Providing a Health Plan.” Prof. Nicole Huberfeld, an expert on health law at the University of Kentucky, who received her W-2 form on Monday, said, “Most people
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Reply 1 - Posted by:
uno_thatguy, 1/30/2013 10:56:25 PM (No. 9149629)
The worms are crawling out of the can!
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Reply 2 - Posted by:
Pearson365, 1/30/2013 11:06:52 PM (No. 9149639)
"The number is being disclosed on a tax form even though health benefits are not counted as taxable income — yet."
Since 98% of taxpayers had their income tax rates made permanent on 12/31/12 (applause for John Boehner), more income has to be subject to taxation. The W-2 reporting requirement could eventually permit this.
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Reply 3 - Posted by:
ColonialAmerican1623, 1/30/2013 11:19:31 PM (No. 9149653)
Employers should also list the cost of liability insurance, uniforms etc because many employees only see the money coming into a business. Others think the total cost is only the amount they pay.
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Reply 4 - Posted by:
farmwife, 1/31/2013 12:22:24 AM (No. 9149683)
All the people who get their insurance through their employers need to be aware of the cost, and they should also be aware that that is a tax-free benefit (for now, anyway.) And quit their bellyaching about their employers!
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Reply 5 - Posted by:
farmwife, 1/31/2013 12:24:49 AM (No. 9149685)
continued:
They also should be aware of the other costs their employer incurs for the privilege of being an employer--half of the social security costs, medicare costs, and all of the unemployment insurance costs.
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Reply 6 - Posted by:
Pinchem, 1/31/2013 2:05:24 AM (No. 9149728)
#4-5...True but also remember Workman´s compensation.
Employees are under a mushroom when it comes to their pay. Most believe all they earn is what they take home minus income taxes. They should be aware of all those costs the employer has to pay which, technically, has to count as their "gross income" (from the employer´s standpoint) and realize "take home" is not their total earnings.
Members of the military have the same situation. Free healthcare, non contribution to retirement and other benefits all have to be counted into the gross salary. But, like civilians, they only see "take home" and not the gross.
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Reply 7 - Posted by:
Spidey, 1/31/2013 5:08:05 AM (No. 9149776)
One of the most asinine aspects of Obama´s power grabs is he´s spending trillions buying votes already has in his pocket. In order to grow this group in need of handouts,he has to bring them in from other countries,with Mexico being the primary target.
Not only does Obama not enforce the border,he´s sending fliers to Mexicans telling free food and healthcare await them on their arrival.Maybe I´m crazy but i see this as an act of treason,aiding and abetting this country to go bankrupt..
This moron uses kids as props to get gun laws passed but he couldn´t care less about the future debt they´ll inherit as this failed attempt to turn America into a socialist country.
Promoting the general welfare doesn´t mean promoting foreigners to welfare.
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Reply 8 - Posted by:
Trigger2, 1/31/2013 5:09:13 AM (No. 9149777)
Now I know why unions were exempt from paying taxes on cadillac plans. One union guy reported his company paid $20,000 for his policy. Talk about a cadillace plan for a greedy union...
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Reply 9 - Posted by:
stablemoney, 1/31/2013 8:59:55 AM (No. 9150141)
We need a d--- line on the w-2 showing how much the employee owes the government for the national debt and a paydown schedule stapled to it.
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Reply 10 - Posted by:
Bevan, 1/31/2013 9:09:17 AM (No. 9150165)
Liberals are always surprised at reality.
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Below, you will find ...
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Posted By: Dreadnought- 5/19/2013 9:04:45 PM
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The White House´s chief lawyer learned weeks ago that an audit of the Internal Revenue Service likely would show that agency employees inappropriately targeted conservative groups, a senior White House official said Sunday. That disclosure has prompted a debate over whether the president should have been notified at that time. In the week of April 22, the Office of the White House Counsel and its head, Kathryn Ruemmler, were told by Treasury Department attorneys that an inspector general´s report was nearing completion, the White House official said. In that conversation, Ms. Ruemmler learned that "a small
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In a crowded field, Chicago billionaire, bundler, sub-prime banker and union buster Penny Pritzker is clearly the worst nominee that President Barack Obama has chosen for his second term cabinet. Though the position for which she has been nominated, Secretary of Commerce, often goes to a presidential crony or political insider, Pritzker would exceed all her predecessors and peers with her shocking record of cronyism and failure. Pritzker ran Superior Bank into the ground by dealing in sub-prime mortgages. As Breitbart News noted recently, the bank´s depositors lost $6000, on average, and the taxpayers
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Posted By: Dreadnought- 5/19/2013 6:53:13 PM
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Barack Obama, speaking to a crowd in Baltimore on Friday, said, “I know it can seem frustrating sometimes when it seems like Washington’s priorities aren’t the same as your priorities. I know it often seems like folks down there are more concerned with their jobs than with yours.” Earlier in the week, when speaking about the IRS scandal, Obama said, “I’ve reviewed the Treasury Department watchdog’s report, and the misconduct that it uncovered is inexcusable. It’s inexcusable, and Americans are right to be angry about it, and I am angry about it. I will not tolerate
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Posted By: Dreadnought- 5/19/2013 5:42:44 PM
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As NewsBusters reported two weeks ago, CBS’s Bob Schieffer is fed up with the White House’s talking points concerning what happened at our consulate in Benghazi, Libya, last September. His impatience continued on Sunday´s Face the Nation when Obama senior advisor Dan Pfeiffer gave stock answers to questions about the three crises facing the President leading Schieffer to first accuse his guest of taking "exactly the approach that the Nixon administration took" and finally scolding him by asking, "Why are you here today? Why isn´t the White House Chief of Staff here to tell us what happened?"
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Associated Press, by Frank Eltman
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Posted By: Dreadnought- 5/19/2013 10:24:56 AM
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MINEOLA, N.Y. — A Hofstra University student being held in a headlock at gunpoint by an intruder was accidently shot and killed by a police officer who had responded to the home invasion at an off-campus home, police said Saturday. Junior public relations major Andrea Rebello was shot once in the head early Friday morning by an officer who opened fire after the masked intruder pointed a gun at the officer while holding the 21-year-old student, Nassau County homicide squad Lt. John Azzata said. In a tense confrontation with the officer, gunman Dalton Smith "menaces
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Posted By: Dreadnought- 5/18/2013 6:26:59 PM
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American Thinker, by Bryce Buchanan
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Posted By: Dreadnought- 5/18/2013 10:55:48 AM
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Here is a woman we will need to learn much more about in the coming weeks. Sarah Hall Ingram is a highly valued employee at the IRS. In the last three years she has received $103,390 in bonuses for her excellent work. She was the Commissioner of the Tax-Exempt and Government Entitles Division. Under her leadership, groups that expressed a fear of large, out-of-control government were systematically crushed by her branch of our large, out-of-control government. They were specifically singled out for harassment for political reasons. Secret information about the conservative applicants was leaked to leftist
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Posted By: MissMolly- 5/19/2013 11:33:33 AM
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Posted By: earlybird- 5/18/2013 9:01:39 PM
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WASHINGTON - There were new questions Saturday night concerning if anyone in the White House was aware of the IRS´ targeting of conservative groups. Inspector General Russell George said he informed a deputy at the Treasury Department in June of 2012 about the probe into the IRS. The Treasury Department confirmed the timeline but said they did not know the details of the investigation until last week.(Snip)Marcus Owens ran the tax-exempt division at the IRS for 10 years. He said it isn´t difficult to figure out who´s doing what at the agency.
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PRESIDENT OBAMA: You are the mantle of Frederick Douglass and Booker T. Washington and Ralph Bunche and Langston Hughes and George Washington Carver and Ralph Abernathy and Thurgood Marshall and, yes, Dr. Martin Luther King Jr. These men were many things to many people and they knew full well the role that racism played in their life. But when it came to their own accomplishments and sense of purpose, they had no time for excuses. Every one of you has a grandma or an uncle or a parent whose told you at some point in life
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