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\r\n \r\n\r\nThumbs up\r\n\r\n Read & Weep-Future tax changes/2011/beyond!\r\n
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\r\n \r\n https://www.rense.com/general91/esd.htm
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\nThe link above takes you to IMPORTANT info pertaining to the changes in the
\ntax codes for 2011 and beyond that will most likely affect you or someone
\nyou know/love.
\nYou might want to copy the above link to your own computer and forward to
\nothers, as well as to keep it for your own information for future tax purposes.
\nBetter to know and be prepared ahead of time.
\nSorry to be the bearer of negative news. \r\n
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\r\n \r\n Well, even though I like and read Rense a lot. I found some of their "facts" to be incorrect in this article.
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\nI have a very close friend in Human Resources of a very large company. They were getting a lot of queries about the possibility of taxation of their health insurance benefits, the part that the company pays as well as their own. So HR had to do research and then send out a company wide memo.
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\nThe insurance will show up on the paycheck, but it will not be taxed at all. I don\'t know why it even needs to show on the pay stub. Maybe something is going to happen in the future.
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\nI think these stories have a lot of spin.\r\n
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\r\n \r\n The only reason for this to show up on a pay stub is for tax purposes, if not now then in the future. Currently you will need it to prove that you have insurance, or you will be taxed.
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\nBut with our already weaken economy these additional taxes could be the straw that breaks the camels back and puts us into a full-blown depression. Personally I think we are already there but our illustrious leaders don\'t want to admit it.
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\nHere is an interest map showing how our unemployment has been running. Per change do you notice a trend?
\n (black = 10% or more unemployed)
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\n https://cohort11.americanobserver.net...ediafinal.html \r\n
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jfh will become famous soon enoughjfh will become famous soon enough
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\r\n \r\n Yikes! That map does indicate that middle America is handling it the best.
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\nMS, your statement, "Currently you will need it to prove that you have insurance, or you will be taxed." is similar to the laws of uncovered auto insurance. No insurance, means more burden for the rest. I don\'t know if it is national, but in TX you will be fined.\r\n
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\r\n \r\n I see that Ky, Ind and Ohio all have 10% or higher. I know that with the
\nNov elections soon to be, that the encumbent Oh Governor is being heavily
\nchastised for Ohio\'s close to 11% unemployment, saying it\'s one of the highest in the nation.
\nKy\'s is a bit less so but empty shops are increasing especially in smaller outlet locations. Even Consignment shops are selling less tho more people bringing in stuff to sell.\r\n
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No insurance, means more burden for the rest. I don\'t know if it is national, but in TX you will be fined.
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It is similar in Illinois. A friend of my son was fined for not having insurance (he was out of work for 9 months or better) also to not have his license revoked he was forced to buy high priced insurance package. You think the insurance companies had something to do with writting this law? \r\n
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� #1
Old 08-24-2010, 05:35 AM
Lecturer
Join Date: Apr 2006
Location: Northern Ky.
Posts: 1,918
EarlyBird is on a distinguished road
Thumbs up Read & Weep-Future tax changes/2011/beyond!

https://www.rense.com/general91/esd.htm

The link above takes you to IMPORTANT info pertaining to the changes in the
tax codes for 2011 and beyond that will most likely affect you or someone
you know/love.
You might want to copy the above link to your own computer and forward to
others, as well as to keep it for your own information for future tax purposes.
Better to know and be prepared ahead of time.
Sorry to be the bearer of negative news.
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