Page 1 of 8 123 ... LastLast
Results 1 to 10 of 71

Thread: Lower 2014 income can net huge health care subsidy

  1. #1
    Guru
    Samhain's Avatar
    Join Date
    Sep 2011
    Location
    Northern Ohio
    Last Seen
    Yesterday @ 05:15 PM
    Lean
    Libertarian
    Posts
    3,887

    Lower 2014 income can net huge health care subsidy

    Lower 2014 income can net huge health care subsidy - SFGate

    People whose 2014 income will be a little too high to get subsidized health insurance from Covered California next year should start thinking now about ways to lower it to increase their odds of getting the valuable tax subsidy.
    ....
    There are several ways to reduce MAGI. If you are working, you can make a tax-deductible contribution to an individual retirement account, 401(k) or other workplace plan for 2014. (IRA contributions for 2014 can be made until April 15, 2015.)

    You can also consider reducing your 2014 income by working just a bit less.
    If there ever was a clear cut benefit from working less to get more, right there is your poster child example.

  2. #2
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Today @ 06:43 PM
    Gender
    Lean
    Undisclosed
    Posts
    51,828

    Re: Lower 2014 income can net huge health care subsidy

    A tapered subsidy would make more sense. But will the GOP allow such a fix?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  3. #3
    Guru

    Join Date
    Jun 2012
    Last Seen
    09-14-16 @ 12:48 AM
    Gender
    Lean
    Other
    Posts
    4,415

    Re: Lower 2014 income can net huge health care subsidy

    Good. that means more work for others....................
    Free Trade Doesn't Work: What Should Replace It and Why,
    Ian Fletcher

    https://www.numbersusa.org/

  4. #4
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 08:21 PM
    Gender
    Lean
    Conservative
    Posts
    57,118

    Re: Lower 2014 income can net huge health care subsidy

    Quote Originally Posted by Samhain View Post
    Lower 2014 income can net huge health care subsidy - SFGate

    If there ever was a clear cut benefit from working less to get more, right there is your poster child example.



    On top of a marriage penalty, a work penalty. Yeesh, while we're in the business of making sure that we disincentivize responsible behavior, let's punish people for educating themselves, too.

  5. #5
    Professor
    Join Date
    Jul 2013
    Last Seen
    11-30-13 @ 07:05 PM
    Lean
    Undisclosed
    Posts
    1,293

    Re: Lower 2014 income can net huge health care subsidy

    " You can also consider reducing your 2014 income by working just a bit less. "

    To bad millions of Americans didn't get a choice in this thanks to Obamadon'tcare. The negative economic realities of that law required someone else to decide for them.
    Last edited by ItAin'tFree; 10-14-13 at 11:25 AM.
    "“If we don’t deepen our ports all along the Gulf — places like Charleston, South Carolina; or Savannah, Georgia; or Jacksonville, Florida…” -Obama

  6. #6
    Guru

    Join Date
    May 2011
    Last Seen
    Today @ 02:51 PM
    Lean
    Undisclosed
    Posts
    2,671

    Re: Lower 2014 income can net huge health care subsidy

    Quote Originally Posted by Samhain View Post
    Lower 2014 income can net huge health care subsidy - SFGate



    If there ever was a clear cut benefit from working less to get more, right there is your poster child example.
    You'll also have to pay so much less in taxes.

    On average, taking a 1000 pay cut will save you 300 in taxes! WOW!

  7. #7
    Almost respectable

    Cardinal's Avatar
    Join Date
    Jun 2008
    Last Seen
    @
    Gender
    Lean
    Undisclosed
    Posts
    35,037

    Re: Lower 2014 income can net huge health care subsidy

    Quote Originally Posted by Mithros View Post
    You'll also have to pay so much less in taxes.

    On average, taking a 1000 pay cut will save you 300 in taxes! WOW!
    Every time I have a bad year and calculate my earnings I always shout, "Woot, I owe less taxes!"

    A few seconds later: "Oh."

  8. #8
    Filmmaker Lawyer Patriot
    Harshaw's Avatar
    Join Date
    Oct 2005
    Last Seen
    Today @ 06:47 PM
    Lean
    Libertarian - Right
    Posts
    29,585

    Re: Lower 2014 income can net huge health care subsidy

    Quote Originally Posted by 274ina View Post
    Good. that means more work for others....................
    Wow . . .
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  9. #9
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Lower 2014 income can net huge health care subsidy

    UHC takes care of even this issue. Though there is very little that would make anyone happy as anything is too often seen (and wrongly so) as an incentive not to work.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  10. #10
    Banned
    Join Date
    Jul 2012
    Last Seen
    01-22-17 @ 09:27 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    4,136

    Re: Lower 2014 income can net huge health care subsidy

    Quote Originally Posted by 274ina View Post
    Good. that means more work for others....................
    The lunacy of socialism on full display right here.

Page 1 of 8 123 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •