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Obamacare's Cost Of Control


Obamacare's Cost Of Control


>Employers will no longer be able to write off the expense for coverage for their employees as a business expense, making them more likely to drop coverage.

>Employees cannot write off payment of health insurance premiums.

Entry #2,817


JAP69Comment by JAP69 - July 29, 2013, 2:53 pm
The employer pays the health insurance premium cost to the employee as wages. The employee pays the health insurance premium if they wish to be in on the companys health plan. Otherwise the employee can buy a plan elsewhere.
The employer could then deduct the cost from the business as wages paid.

The employee is stuck with the taxes on the premium received as wages.

A reliable tax accountant will figure it out on how to set up the pay stub.

Where there is a law there is a way around it.
rdgrnrComment by rdgrnr - July 29, 2013, 4:38 pm
Obamacare doesn't apply to Obama and his family or Congress and their families or all of their aides and their families.
It also doesn't apply to big Obama donors or big corporations that got waivers in return for campaign donations.
It only applies to the little guys - us.
And we're gonna pay through the nose for it.
JAP69Comment by JAP69 - July 29, 2013, 4:51 pm
The citizens will be the ones to end the Obamacare debacle if enough of them become annoyed about it once it starts kicking in.
Republicans should just let it take its course. They also should demand no delay in any parts set aside until a later date.

Civil disobedience is a win on it. A community organizer knows the power of civil disobedience.
MADDOG10Comment by MADDOG10 - July 29, 2013, 10:29 pm
Exactly, let it take it's course. Eventually enough people will have enough of this and then civil obedience will take over and if that happens I wouldn't be surprised if some folks don't go Postal.....

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