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Has SS tax increase affected you?

Poll Poll Has SS tax increase affected you?

  • Yes

    Votes: 25 65.8%

  • No

    Votes: 9 23.7%

  • Haven't noiced.

    Votes: 4 10.5%
  • Total voters
    38
Employer paid health insurance benefits are already taxable income--with exemptions for self, spouse and dependents. My understanding is that there is nothing in the ACA that would change either of those things. I pay tax on my employer's portion of insurance for my partner as we are not legally allowed to marry.
 
They are not already taxable income and there are no exemptions.

You are paying for your employer's contribution toward your partner's expense because being same-sex partners turns that expense into compensation on the employer side. Yet another antiquated "tax" on being gay. I don't agree with it, but that's what it is.

What's going on here is different from what you're talking about.

http://www.hrc.org/resources/entry/taxation-of-domestic-partner-benefits
 
mickey134870 said:
Has anyone noticed that on your W2 form your employer is now reporting the value of your health insurance? Hate to see where that is headed.
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That's only required for employers with 250 or more employees...I work for a small firm so no, I haven't noticed.
 
skincarekathy said:
Where it's headed is right in the language of the Affordable Care Act. Employer-paid health insurance benefits will at some point in the future be treated as taxable income.
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Where do you get this? FactCheck.org says it's not true. Politifact rates the claim as "pants on fire". The idea HAS been floated. John McCain proposed it during the election of 2008 and the idea was roundly denounced by Obama. I've never seen anything that indicates it is in "the language of the Affordable Care Act". If you have some basis for the claim I'd be interested to see it.
 
it is absolutely the same as what is going on with the 1099K forms.

first they track, then they tax.

have you actually read the language of the law and what it allows, or are you just a cliffs notes kind of guy?
 
I have, in fact, not read the entire law. I was assuming from what you said that you had or at least might have read different sections than I have and might be able to provide some sort of citation that would counter the "cliffs notes" that I have read. Are you able to?
 
skincarekathy said:
Where it's headed is right in the language of the Affordable Care Act. Employer-paid health insurance benefits will at some point in the future be treated as taxable income.
Click to expand...


So? That's what it is. Until everyone can be insured, those who are excluded from the policy for pre-existing conditions "earn" less via their "benefits package" than their counterparts doing the same job for the same wage.

It's called a level playing field. I can see why some would be outraged at the thought of it :sheep1:

People who are similarly situated in a job are entitled to earn the same wage. An expensive benefit that other employees get that they are excluded from by the (bad) luck of their gene pool is absent from their "compensation package"
 
It has affected us as well. DH's check was about almost 200 less (gets paid every 2 weeks) ... 100 of that came from increases in our health, dental, and vision plans and the other 95 or so was the increase in SS taxes. I think we will definitely be tightening up our budget here!
 
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