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<blockquote data-quote="klein" data-source="post: 887173" data-attributes="member: 23950"><p>What paycheck do you get to bring home ? You do know one of those 9's are for income tax, right ?</p><p>And you do know that 9 is considered from gross income , right ?</p><p>So, add on another $1500 gross per month for health bennies, and tax that by 9% which is about another $150 per month, less take home pay, or another 3 % added on to the 9% income tax = 12% income tax now.</p><p>So, you save a whopping 3% income tax, assuming some of you have a mortgage that is tax deductable, which no longer would be - there goes the 3% savings of income tax or more , already.</p><p></p><p>No more child care deductions, who cares, right ?</p><p>But add 9% to every child's need (from diapers, to wipers, over school supplies & clothing, food, and energy consumption, such as water, electricty, and yes, don't forget toys.</p><p></p><p>Single people will probably be ahead of the game (less healthcare bennies being taxed, and less consumption).</p><p>Families on the other hand, will have it a lot rougher.</p><p></p><p>Tooner and Moreluck, you're both ok, children are grown up and out of home. So go for it !</p></blockquote><p></p>
[QUOTE="klein, post: 887173, member: 23950"] What paycheck do you get to bring home ? You do know one of those 9's are for income tax, right ? And you do know that 9 is considered from gross income , right ? So, add on another $1500 gross per month for health bennies, and tax that by 9% which is about another $150 per month, less take home pay, or another 3 % added on to the 9% income tax = 12% income tax now. So, you save a whopping 3% income tax, assuming some of you have a mortgage that is tax deductable, which no longer would be - there goes the 3% savings of income tax or more , already. No more child care deductions, who cares, right ? But add 9% to every child's need (from diapers, to wipers, over school supplies & clothing, food, and energy consumption, such as water, electricty, and yes, don't forget toys. Single people will probably be ahead of the game (less healthcare bennies being taxed, and less consumption). Families on the other hand, will have it a lot rougher. Tooner and Moreluck, you're both ok, children are grown up and out of home. So go for it ! [/QUOTE]
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