Anyone Do the Math on McCain's $5000 import tax credit for condition insurance ?
If you make 25k a year and you get the 5k rates credit it's added to your income so you will pay taxes on 30k a year. So right there you lose $1500 bucks. Lets read out you're self employed or retired and you're paying for your own insurance, $3500 will get you about 4-5 months of coverage. Any suggestions what to do the rest of the year ?
Answers:
I am so glad you said something, I don't get it either and I enjoy asked so many McCain supporters to explain it and I can't get a straight answer..even from my Dad..
Not merely are you paying the $5,000, but what ever your employer spends on your insurance..average $12,000...that's considered taxable income so know you're paying taxes on 37K a year?
I loved it when Obama said, with one hand he taketh and the other he givith away.
who does your taxes
its not added to your taxes
its a credit...it doesn't go on your income
go to e insurance and see what you can gain for 5000$ a year
obama is giving you nothing except forcing your employer to buy it for you ..which will get you laid bad most likely...or letting you buy into his group insurance
It would not be fair for those that gain insurance for free from their employer to get the credit also....so they will tax the benefits plenty to make it a wash..you grasp the credit to pay the taxes....those pay out of their pocket for insurance will win 5000$ to reimburse what they spent on insurance.
you hold no idea what at tax credit is.
The with the sole purpose option would be 'Hope and Pray you don't get sick or injured!'
His 'health plan' is a banter!
Luckily my husband and I have our own health attention which is pretty darn good. But it stinks for other people who hold to choose between buying the groceries or seeing the Doctor. Especially people with kids. :(
McCains condition care plan is a complete disaster and not just for the drive you mentioned. It would ultimately result in the demise of employer sponsored health effort. Everyone would end up in the private individual insurance open market which, economicaly speaking, simply can't work. It's called "Adverse Selection" and McCain would be well served to read a book give or take a few it.
Related Questions:
Answers:
I am so glad you said something, I don't get it either and I enjoy asked so many McCain supporters to explain it and I can't get a straight answer..even from my Dad..
Not merely are you paying the $5,000, but what ever your employer spends on your insurance..average $12,000...that's considered taxable income so know you're paying taxes on 37K a year?
I loved it when Obama said, with one hand he taketh and the other he givith away.
who does your taxes
its not added to your taxes
its a credit...it doesn't go on your income
go to e insurance and see what you can gain for 5000$ a year
obama is giving you nothing except forcing your employer to buy it for you ..which will get you laid bad most likely...or letting you buy into his group insurance
It would not be fair for those that gain insurance for free from their employer to get the credit also....so they will tax the benefits plenty to make it a wash..you grasp the credit to pay the taxes....those pay out of their pocket for insurance will win 5000$ to reimburse what they spent on insurance.
you hold no idea what at tax credit is.
The with the sole purpose option would be 'Hope and Pray you don't get sick or injured!'
His 'health plan' is a banter!
Luckily my husband and I have our own health attention which is pretty darn good. But it stinks for other people who hold to choose between buying the groceries or seeing the Doctor. Especially people with kids. :(
McCains condition care plan is a complete disaster and not just for the drive you mentioned. It would ultimately result in the demise of employer sponsored health effort. Everyone would end up in the private individual insurance open market which, economicaly speaking, simply can't work. It's called "Adverse Selection" and McCain would be well served to read a book give or take a few it.
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