Awesome

[SOREHOOF]

Originally Posted by Cannon Shell

Keywords or comments:
-"Your Health Insurance Will NOT Be Taxed Next Year"
"next year" is just one year

- "Current law excludes health insurance from taxable income, and there's nothing in the health care law that changes that."
Yes we know this. But there is nothing to say that it wont be done in the future. 6 months ago, mandatory healthcare wasnt a current law either.

- It is there to assist the IRS in determining who has health insurance and who does not, because when health reform is fully implemented, there will be penalties for people who do not have health insurance and increased taxes starting in 2018 for the so-called "cadillac" plans -- plans that have a value above $10,200 for individuals and $27,500 for family policies.
Remember the "next year" comment above? The information IS going to be used to tax individuals, just not yet. So in 8 years from now a $10200 policy will still be a cadillac plan? ok.

-"employer provided health insurance is NOT taxable and the law does NOT change that provision"
yeah THIS one doesn't but as brian pointed out another one could.

-"There are no fewer than 4,250 "hits" on Google related to the key words "HR3590 and 2011 W 2 forms". Most of these sites repeat the misrepresentation of this provision in exactly the same words as the original email. Few sites question the accuracy of the information and most are fairly hysterical about it. In fact, I was only able to make it through 8 pages of the Google search before I gave up on websites such as well regulated American militias, swamp bubbles, duck south, and divorce forum. So if you receive this email or hear about it -- pass along the accurate information"

Sure only nutjobs are worried that they might be taxed on their benefits because all the sane people trust the IRS to fairly tax them their "just" share.

Congress writes the tax laws, not the IRS. The IRS just collects $$ and enforces the law. Members of Congress love the IRS because they take the heat (hate?) for Congress in the taxation dept. Congress is the real crook. As usual.