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Why isn't the media talking about Michelle Obama's trip to Spain with 5 friends?
$600 a night hotel room for each and all paid for by the hardworking U.S. taxpayer. Can anyone else say elite Liberal? Can you imagine if Laura Bush would have done this? It would be the lead story everywhere! Yet this is being kept quiet.
8 AnswersPolitics1 decade agoWhy is Obama throwing Maxine Waters and Charley Rangel under the bus?
Why is Obama wanting them to both resign?
16 AnswersPolitics1 decade agoCan you afford to pay income tax on the employer portion of your health insurance?
Starting in 2011, (next year folks), your W-2 tax form sent by your employer will be increased to show the value of whatever 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 the15% that don't have insurance and it's only part of the tax increases.
Not believing this??? Here is a research of the summaries.....
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 is above.
3 AnswersGovernment1 decade agoCan you afford when Obama lets the Bush Tax Cuts expire the end of the year?
INCOME TAX now under Bush Taxcuts
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250
OBAMA
(reversion to pre-Bush tax cuts)
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750
10 AnswersGovernment1 decade agoObama has taken over the car companies, banks, student loans? What is he ignoring?
What is the one thing he doesn't want to takeover?
10 AnswersGovernment1 decade agoIs Obama to blame for the oil slick in the ocean because he did nothing?
While Obama was flying around making speeches in Macon, Missouri and Quincy, Illinois the oil mess continued to get worse. Is Obama to blame for this catastrophe? Bush would be blamed.
14 AnswersPolitics1 decade ago