I read everything that come down the pike on protecting our rights and the Constitution. I am sure you will find this information important to you as well.
This is a perfect example of why we have to make sure the Republicans take over the majority in Congress. We may not like them any more than Democrats, but a vote that is not Republican is vote for Democrat – it’s just that simple.
Once we replace Democrats then we can work on replacing Republicans. If we don’t take back the house we can’t repeal what Obama and his cohorts did to the workers of America. We have to stop this terrible crime against the middle class by progressive liberal’s vision of redistributing the wealth, not only in America but in the world as well.
God was behind the forefather’s coming to America and their revolution. He was behind the establishment of the Constitution according to George Washington. He made it very clear that he knew that God in Heaven was orchestrating everthing and guiding their efforts. We need to get back to what our Constitution provides and remember the principles that made our nation great and admired by other nations.
Let me share this email with you that came to me yesterday.
Sent: Monday, May 24, 2010 11:30 AM
Subject: Well America voted for Change….and they got it. Open your wallets.
I researched this and added the direct link.
-S
The cost of health insurance is not included in your gross income. Employers are required to report health insurance on the W-2 as a way to track coverage. Note that the Section 9002 included below states that the insurance costs will be on the form, not included in the reported gross income of the employee.
O K, folks. The devil is always in the details. Here is one of the nice little gotchas that your representative did for you. You might want to send them a little thank you note with hugs and kisses to boot. This comes from a retired Marine Corps Major General. Here are his (edited) comments:
I contacted my Congressman about House bill HR3590 the health care bill just passed. I asked for a summary of changes. The aid directed me to go to http://www.thomas.gov ; enter HR3590 in the search Box, click on “Bill Number” and look for summaries. A direct link can be found here:
http://www.thomas.gov/cgi-bin/bdquery/D?d111:1:./temp/~bdnSbw:@@@D&summ2=m&|/bss/111search.html|
Starting in 2011 (next year folks) your W 2 tax form sent by your employer Will be increased to show the value of what ever health insurance you are Given by the company. It does not matter if that’s a private concern or Governmental body of some sort. If you’re retired ? So what ; your gross will go up by the amount of insurance you get. You will be required to pay taxes on a large sum of money that you have never seen.
Take your tax form you just finished and see what $15,000 or $20,000 additional gross does to your tax debt. That’s what you’ll pay next year. For many it also puts you into a new higher bracket so it’s even worse. This is how the government is going to buy insurance for 15 % that don’t have insurance and it’s only part of the tax increases.
Not believing this I researched the summaries and here’s what I’m reading:
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 is the senior tax editor for the Kiplinger letters. Go to Kiplingers and read about 13 tax changes that could affect you. Number 3 is what I just told you about.
Will you please be aware of these things when your voting date arrives? Don’t stay home, please. Vote or not vote just gives the Democrats an advantage, which we cannot afford right now in this nation.
