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International Business Machines Corporation Message Board

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  • cmegladon cmegladon Nov 21, 2012 2:49 PM Flag

    Tax increase will not affect 98% of people and investors

    Unless they extend the payroll tax cut, EVERYONE who gets a paycheck will have a lower check.
    Today, ANYONE who is employed and has a FSA will have the max reduced from $6k to $2500.
    EVERYONE who is employed and had medical insurance, already (in the majority of cases) contributes, and has a % deducted. That amount has gone up and will go up even more.
    We didn't even get to the new TBD tax increases.
    98% not affected? Nope. Almost all are and will be affected. Just varying degrees.
    Oh, and for the women's right activists out there, pretty soon birth control pills will be over the counter, thus no longer covered by insurance. So they'll be payin $12 per month out of their pockets.......So be careful what you wish for.

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