Tuesday, July 13, 2010

2011 W-2 Tax forms and obamacare

2011 W-2 Tax Forms and Obamacare
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/ 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?

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.Learn more.

Cynthia Smith
Collection Agent
FNB Bank,
Main Branch
256-259-6000 ext 299

Monday, July 12, 2010

Divorce Agreement

DIVORCE AGREEMENT
THIS IS SO INCREDIBLY WELL PUT AND I CAN HARDLY BELIEVE IT'S BY A YOUNG PERSON, A STUDENT!!!
WHATEVER HE RUNS FOR, I'LL VOTE FOR HIM.

Dear American liberals, leftists, social progressives, socialists, Marxists and Obama supporters, et al: We have stuck together since the late 1950's for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce. I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its course. Our two ideological sides of America cannot and will not ever agree on what is right for us all, so let's just end it on friendly terms. We can smile and chalk it up to irreconcilable differences and go our own way.

Here is a model separation agreement:

Our two groups can equitably divide up the country by landmass each taking a similar portion. That will be the difficult part, but I am sure our two sides can come to a friendly agreement. After that, it should be relatively easy!
Our respective representatives can effortlessly divide other assets since both sides have such distinct and disparate tastes. We don't like redistributive taxes so you can keep them. You are welcome to the liberal judges and the ACLU.
Since you hate guns and war, we'll take our firearms, the cops, the NRA and the military.
We'll take the nasty, smelly oil industry and you can go with wind, solar and biodiesel.
You can keep Oprah, Michael Moore and Rosie O'Donnell. You are, however, responsible for finding a bio-diesel vehicle big enough to move all three of them.
We'll keep capitalism, greedy corporations, pharmaceutical companies, Wal-Mart and Wall Street. You can have your beloved lifelong welfare dwellers, food stamps, homeless, homeboys, hippies, druggies and illegal aliens.
We'll keep the hot Alaskan hockey moms, greedy CEO's and rednecks. We'll keep the Bibles and give you NBC and Hollywood . You can make nice with Iran and Palestine and we'll retain the right to invade and hammer places that threaten us.
You can have the peaceniks and war protesters. When our allies or our way of life are under assault, we'll help provide them security.
We'll keep our Judeo-Christian values. You are welcome to Islam, Scientology, Humanism, political correctness and Shirley McClain. You can also have the U.N. but we will no longer be paying the bill.
We'll keep the SUV's, pickup trucks and oversized luxury cars. You can take every Subaru station wagon you can find.
You can give everyone healthcare if you can find any practicing doctors. We'll continue to believe healthcare is a luxury and not a right. We'll keep "The Battle Hymn of the Republic" and "The National Anthem." I'm sure you'll be happy to substitute "Imagine", "I'd Like to Teach the World to Sing", "Kum Ba Ya" or "We Are the World".
We'll practice trickle down economics and you can continue to give trickle up poverty your best shot.
Since it often so offends you, we'll keep our history, our name and our flag.

Would you agree to this? In the spirit of friendly parting, I'll bet you answer which one of us will need whose help in 15 years.

Sincerely, Jo hn J. Wall Law Student and an American

P. S. Also, please take Ted Turner, Sean Penn, Martin Sheen, Barbara Streisand, & Jane Fonda with you.>

P. S. S. And you won't have to press 1 for English when you call our country.