W2 Form 2011 Thanks to all those who voted for Obama

W-2 Form in 2011

One of the surprises we'll find come next year, is what follows - - a little "surprise" that 99% of us had no idea was included in the "new and improved" healthcare legislation . .. . the dupes, er, dopes, who backed this administration will be astonished!

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 the 15% 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."
http://search.conduit.com/Results.aspx?q=page+25+of+29%3A+TITLE+IX+REVENUE+PROVISIONS-+SUBTITLE+A%3A+REVENUE+OFFSET+PROVISIONS+-+%28sec.+9001%2C+as+modified+by+sec.10901%29+Sec.9002&ctid=CT434194&octid=CT434194&SearchSource=1

Joan Pryde is the senior tax editor for the Kiplinger letters. Go to Kiplingers and read about 13 tax changes that could affect you.
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Number 3 is what is above
http://www.kiplinger.com/businessresource/forecast/archive/health-care-reform-tax-hikes-on-the-way.html


Why am I sending you this?
The same reason I hope you forward this to every single person in your address book.

People have the right to know the truth because an election is coming in November.