Cadillac Tax

hedgehog

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Oct 30, 2003
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:sadwave:


Starting in 2013, individuals making more than $200,000 and married couples making more than $250,000, will pay a Medicare Payroll Tax of 2.35 percent. Also, individuals with a higher income could face a 3.8 percent tax on unearned income, such as dividends and interest. In 2018, the Cadillac Tax kicks in, at which point there is a 40 percent tax on employer-sponsored benefits (this does not include dental and vision), which exceed $10,200 per year, and $20,500 for families. Starting next year there will also be taxes imposed on medical device manufactures, health insurers and a tax on brand name drugs.

Read more: http://www.foxnews.com/health/2012/...know-about-affordable-care-act/#ixzz2DSgu1qgd
 

RAYMOND

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due to the new taxes i may have to charge for my picks :facepalm:
 

hedgehog

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Might affect his boss. Or the company bottom line. Then what happens to folks low on the totem pole like hedge????

Perhaps jobs start getting cut


:0008

I will be dependent on socialized medicine for my healthcare needs when the bill goes up 40% in 2018, the owners around here are not going to pay that steep of an increase. My income will be over 200K by then also :shrug: hopefully I am married again by then and definitely with both incomes it will be over 250K, it affects me no doubt
 

Duff Miver

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Right behind you
hopefully I am married again by then and definitely with both incomes it will be over 250K, it affects me no doubt


Skulnutz is available. He's a bottom. A bit sloppy from overuse, but then so are the women you know.

Hpwever, don't count on him to bring in $50K.
 
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