How would raising taxes affect you and our economy?

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ChesusRice

Well-Known Member
My wifes insurance that covers our whole family is 175 every 2 weeks

She works for a fortune 500 health insurance company
there is a 1000 dollar deductible that is taken care of by 1500 bucks the company puts in our HRA. And then we have a FSA that gets 62 a pay period that covers everything else
 
deprave

deprave

New Member
ChesusRice said:
My wifes insurance that covers our whole family is 175 every 2 weeks

She works for a fortune 500 health insurance company
there is a 1000 dollar deductible that is taken care of by 1500 bucks the company puts in our HRA. And then we have a FSA that gets 62 a pay period that covers everything else
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I work for a small company... My health insurance covers my whole family...it costs me 0$..it is the best kind..I am covered 100% for everything...fuck your wifes corporate 500 health insurance company, what a bunch of dicks for charging her out the ass. I would say 200 to 400 is average that people pay really but for god sakes she even works for a health insurance company...
 
Winter Woman

Winter Woman

Well-Known Member
UncleBuck said:
ok, let me explain.

out of $21,990.83 of wages, i had $5,701.69 withheld for federal, state, SS and medicare taxes.

thus making my effective tax rate on $22,000 of income about 25.92%.

happy?
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I thought an effective tax rate was the TOTAL taxes paid on the gross? Not just FED
 
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beenthere

New Member
Winter Woman said:
I thought an effective tax rate was the TOTAL taxes paid on the gross? Not just FED
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Your effective tax rate is basically the average rate of taxes you end up paying after all deductions, credits and refunds.

This could be on federal or state taxes, depending on the discussion.

Unclebuck (Bucky) who made $28,000 a year, claims he paid a 25% effective rate on his federal income tax.
Everyone else in America would pay an effective rate of 4-6% on the same $28k, but not Bucky! LOL
 
cannabineer

cannabineer

Ursus marijanus
beenthere said:
Your effective tax rate is basically the average rate of taxes you end up paying after all deductions, credits and refunds.

This could be on federal or state taxes, depending on the discussion.

Unclebuck (Bucky) who made $28,000 a year, claims he paid a 25% effective rate on his federal income tax.
Everyone else in America would pay an effective rate of 4-6% on the same $28k, but not Bucky! LOL
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Federal income
Federal payroll
State income
Local
Property (house, cars)
(I am discounting tax on capital gain/loss)

All contribute. 4-6% would be Federal income alone. Federal payroll, again that much. cn
 
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beenthere

New Member
deprave said:
I work for a small company... My health insurance covers my whole family...it costs me 0$..it is the best kind..I am covered 100% for everything...fuck your wifes corporate 500 health insurance company, what a bunch of dicks for charging her out the ass. I would say 200 to 400 is average that people pay really but for god sakes she even works for a health insurance company...
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You ought to be thankful that your employer picks up the whole tab my friend, they're not bound by law to pay any of it.
 
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beenthere

New Member
cannabineer said:
Federal income
Federal payroll
State income
Local
Property (house, cars)
(I am discounting tax on capital gain/loss)

All contribute. 4-6% would be Federal income alone. Federal payroll, again that much. cn
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That's exactly what I've been trying to explain to Bucky Biden, but for some reason he thinks he's the only employee in America that pays an effective rate of 25% on his federal income tax! LMAO
 
C

ChesusRice

Well-Known Member
deprave said:
I work for a small company... My health insurance covers my whole family...it costs me 0$..it is the best kind..I am covered 100% for everything...fuck your wifes corporate 500 health insurance company, what a bunch of dicks for charging her out the ass. I would say 200 to 400 is average that people pay really but for god sakes she even works for a health insurance company...
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Even more bizarre than that.
There is some rule maybe law or something.
Her company doesnt even administer the plan. Another health insurance company does.

BTW

She is a senior business analyst. And that is the best plan they offer at her company. Which beats my current employer who offers 96 a week family plan 3000 deductible 25 dollar copays after that
 
Winter Woman

Winter Woman

Well-Known Member
With the new law the leftovers each year in your HSA will no longer go to you. Yep, you guessed it, it goes to the FEDS. Even the money you yourself put in there and it isn't adjusted for income either.
 
B

beenthere

New Member
UncleBuck said:
first, i've shown that your numbers for health care insurance are 100% bogus. a basic plan is about $1k, not $4k, as you claim.

second, as i just cited, the extra money comes from you, the employer, for refusing to offer your employees the basic dignity of health care. if the government has to cover your 50+ employees instead of you, you pay for that cost. if you have less than 50 employees, you go through the exchange. the "exchange" that i got to choose from my private employer had cheaper plans than the one i chose. i could have gone down to $35 a month for cheapo basic 60/40 insurance, or up to $120 a month for premium 95/5 insurance. i chose the $50.34 a month plan.

an exchange will encourage competition, which i favor. my employer only offers so many options, why not favor an exchange with many more options? more competition is a tried and true free market alternative. it's exactly why i favor a public option.
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Bucky, you spent all that time taking pics and posting them to make yourself look increasingly ignorant.
The only thing that is 100% bogus, is your misinformation. Only a complete fool would call another person names on a subject they know very little about, your new nickname is now Bucky Biden!

Now please move along and let the adults in this forum have a discussion without wasting our time explaining basics you should know before opening your mouth with adolescent insults.

Not only are you dead wrong about your own taxes, you are so far out of touch on the costs of insurance and how the ACA will affect our economy, it's embarrassing. Stick to ideological debates like the Travon Martin thread, it's more your speed and much harder to expose your lack of intelligence.
 
C

ChesusRice

Well-Known Member
Winter Woman said:
With the new law the leftovers each year in your HSA will no longer go to you. Yep, you guessed it, it goes to the FEDS. Even the money you yourself put in there and it isn't adjusted for income either.
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between dental work eyeglasses and child care

We gonna burn it up
HRAs have always been like that
 
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