>If your employer pays for your insurance you don't pay tax on that >money as income, yet if you pay for your own insurance, it's from >after taxed income.
It's even worse than that, actually. The company paying for your health insurance gets to deduct that as a cost of doing business. However, as someone self-employed, I do *not* get to deduct the cost of my health insurance when doing my Schedule C and figuring self-employment tax. Many people do not realize how bad the situation is getting for the self-employed and for small businesses. It doesn't just effect the poor, reasonable health insurance is difficult to get for many people that make a decent living, but aren't making 6 figures. Were I not in a state that had some kind of guaranteed health insurance, I'd be out of luck, because it's near impossible to get individual health insurance if you've had *any* health problems in the last 10 years. As it is, I have to pay for fairly expensive insurance that has high deductables and co-pays, and is nowhere near as good as what I've gotten when working a regular job. It's a constant concern for me, and with a couple minor health issues I had last year, wiped out a large chunk of my income...but still not enough to actually be able to deduct medical expenses. I'll be interested to see what the President is proposing because something like that could really make a big differenc to people like me. --- Mary Jo ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Upgrade to Adobe ColdFusion MX7 Experience Flex 2 & MX7 integration & create powerful cross-platform RIAs http:http://ad.doubleclick.net/clk;56760587;14748456;a?http://www.adobe.com/products/coldfusion/flex2/?sdid=LVNU Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:225581 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
