From: Jan Reed [havegone2thedogs@yahoo.com]
Sent: Friday, July 30, 2010 1:45 PM
To: undisclosed recipients:
Subject: Fw: 2011 W-2 Tax Forms--Surprise, surprise!]

check this out. tell me whay u think
 


--- On Thu, 7/29/10, Regina Werder <manyteapots@hotmail.com> wrote:

From: Regina Werder <manyteapots@hotmail.com>
Subject: 2011 W-2 Tax Forms--Surprise, surprise!]
To:
Date: Thursday, July 29, 2010, 7:46 PM

Subj: Re: 2011 W-2 Tax Forms--Surprise, surprise!]


Doesn't it make you feel really good to know you will be paying for Health Ins. for all the illegals in this
Country next  year?

2011 W-2 Tax Forms - If this doesn't get to you, then check your pulse. You may be a flat line... 

Should you want to verify  this, go to _http://www.thomas.gov/_  (http://www.thomas.gov/) ,  enter
"HR 3590"  in the search box and  look for "CRS Summaries." This is what you'll  find. 

Title IX Revenue  Provisions-Subtitle A:  Revenue Offset "(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 employee's gross income (excluding the value  of contributions to flexible spending arrangements)." 

Starting in 2011-next  year-the W-2 tax form sent by your employer will be increased to show the value of whatever
health insurance you are  provided.  It doesn't matter if you're retired. Your gross income WILL go up by the  amount of insurance your employer paid for.
So you'll be required to pay  taxes on a larger sum of money that you actually received. Take the tax form you
just  finished for 2009 and see what $15,000.00 or $20,000.00  additional gross income  does to your tax debt.
That's  what you'll pay next year.  For many it puts you into a much higher bracket. This is how the government is
going to buy insurance for fifteen (15) percent that don't have insurance and it's only part of the tax increases,
but it's not really a "tax increase" as such, it a redefinition of  your taxable income. 

Also, go to Kiplinger's and read about the thirteen (13) tax changes for  2010 that could affect you. 

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. So vote intelligently, based  on your values.   

But  also adjust your tax withholding, or increase  your savings, so that you aren't surprised and put in a  jam
when your federal income taxes are due on  April 15, 2012.

Fight organized crime!  Re-elect no one.