Re:Cost of Employer-Provided Health Insurance Rises Toward $...
by ams6110 on Tuesday September 19, 2017 @11:11PM
(#15290484)
Fixable by making health insurance premiums tax-deductible. Also when I was paying for an individual family plan it was nowhere near $19,000/yr. It didn't cover maternity, but that was OK because we were done having kids. But that was roughly 7 or 8 years ago.
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Re:Cost of Employer-Provided Health Insurance Rises Toward $...
by hkmurakami on Tuesday September 19, 2017 @11:19PM
(#15290531)
That still won't solve the discrepancy because only the top 20-30% of households itemize deductions.
Re:Cost of Employer-Provided Health Insurance Rises Toward $...
by coredog64 on Wednesday September 20, 2017 @12:26AM
(#15290859)
At $20K/year, I would expect a lot more households to itemize. I'm trying (and failing) to calculate off the top of my head what kind of mortgage you'd have to have for a similar deduction. But it's gotta be pretty damn big if your interest is $1600/month.
Re:Cost of Employer-Provided Health Insurance Rises Toward $...
by CoreXtreme on Wednesday September 20, 2017 @09:32AM
(#15293514)
Well, if you are required to prepare your own tax returns through an accountant then he will most certainly, itemize deduction, you'll be asking him to get your tax bill down a bit. Power of incentive is nothing to be questioned.