Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Are you ready for ANOTHER 2-7% tax increase in 7months?

Obamacare

Update:

Sarah---if you have a premium insurance policy over 10,000.00 paid by your employer---YOU will pay a 40% tax on that policy

10 Answers

Relevance
  • daisy
    Lv 5
    8 years ago
    Favorite Answer

    Wow, that would bring our taxes nearer to what we paid when Pres Clinton was in office. Remember, when they collected enough taxes for us to pay off the deficit. We had a flourishing economy and everyone was thriving. Bush kept sending out money in the mid of the year to everyone including the ones that didn't pay taxes. This was done when we started two costly wars. Everyone approved of loaning out money or many bankruptsies where the government picked up the tab. Here in Houston, it cost $1250 to walk in an emer room. If the parent walks in a clinic with a child, it can be a 1/10 of the price. Wow, shame on the Universal Health Care Act implemented under Pres Obama's watch.

  • 8 years ago

    A 40% tax on "Cadillac Health Care Plans" starting in 2018.Those whose employers pay for all or most of comprehensive healthcare plans (costing $10,200 for an individual or $27,500 for families) will have to pay a 40% tax on the amount their employer pays. The 2018 start date is said to have been a gift to unions, which often have comprehensive plans. (ATR.org)

    Read more: http://www.businessinsider.com/here-are-the-new-ob...

    7 months? What kind of employer pays all of a employees health care? Those must be so few and far in between, congress? And unions. Everyone is being treated fairly and paying into the system. We all pay.

  • 8 years ago

    Wally is a finger pointer without a clue and poor Sarah is less than clueless.

  • 6 years ago

    Oh no. I'll have to pay my fair share. Fine. No problem.

  • How do you think about the answers? You can sign in to vote the answer.
  • 8 years ago

    Sarah just made it painfully obvious she doesn't do her own taxes.

  • ?
    Lv 7
    8 years ago

    America has the worst health care system in the industrial world. The GOP's answer is to do nothing.

    Of late guns killed theater goers in Colorado and innocent children in Sandy Hook. The GOP's answer is to do nothing.

    And it's little wonder when you consider that the GOP led congress is the biggest do nothing congress in American history.

  • Anonymous
    8 years ago

    I have health insurance, as does the vast majority of the nation. Only those who refuse to get insurance will be charged with the penalty, which makes sense because they are forcing US to pay their way.

  • Anonymous
    8 years ago

    obamacare is the largest tax increase in the history of the universe

  • ?
    Lv 5
    8 years ago

    Hahaha!!!

  • 8 years ago

    Get a job and buy your own insurance then Moocher

Still have questions? Get your answers by asking now.