On Fri, Oct 10, 2008 at 9:45 AM, Robert wrote: > > > As I said, I think $10K a year is a high number, but let's take that as the > number. Increase your income by $10K for the purposes of taxation. To be > easy, let's say you pay at a 30% rate, so you would owe $3000 in taxes on > that benefit. McCain will give you a $5000 tax credit, meaning he just put > $2000 in your pocket. Note- that is not a deduction, it is a tax credit. >
And the net result is that your $5000 out of pocket cost drops by $2000 under the McCain plan, and you keep your current insurance. Pretty nifty. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:273411 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
