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Starting in 2011 the value of your health insurance plan will be added to your gross income , thus raising your taxes.
We need to to flip both houses this November in order to repeal this law.

Subject: This will make your eyes water!!!
  
  
 I contacted my Congressman about House bill HR 3590, the health care
 bill. I asked for a summary of changes.
 
 The Aid directed me to go to www: thomas.gov <http://thomas.gov/   enter HR 3590 in the search box and look for summaries.
 
 Starting in 2011 (next year folks) your W-2 tax form sent by your  employer will be increased to show the value of whatever health  insurance you are given by the company. It does not matter if that's a private concern or Governmental body of some sort.
 
 If you're retired? So what; your gross WILL go up by the amount of  insurance you get. You will be required to pay taxes on a large sum of money that you have never seen.
 
 Take your tax form you just finished and see what $15,000 or $20,000  additional gross does to your tax debt. That's what you'll pay next  year.
 
 For many it also puts you into a new higher bracket so it's even worse.
 
 This is how the government is going to buy insurance for 15 % that don't  have insurance and it's only part of the tax increases.
 
Not believing this I researched the summaries and here's what I'm reading:
      On page 25 of 29:
      TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE OFFSET     
 
      PROVISIONS - (sec. 9001, as modified by sec. 10901) 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."
 
 Joan Pryde is the senior tax editor for the Kiplinger letters. Go to Kiplinger's and read about 13 tax changes that could affect you. Number  3 is what I just told you about.  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 and we need to vote in Conservatives that will repel this horrid law!
 

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