Harry Reid calls that a "recovery."
It's o.k., though -- don't worry!
They're going to fix it. They're going to start taxing employer provided health insurance benefits. So, someone whose employer pays 6,000 for a health insurance policy is going to get taxed on that. Merkins -- check your W-2 forms this year, and compare it to last year's form. This year, there is a box which states the amount of money the employer paid for your health insurance this year. That's in preparation for taxing that amount, meaning your ordinary income tax rate will be applicable to the amount your employer paid to provide you with health insurance. I was talking to an IRS enforcement agent 2 days ago. I heard it from the horse's mouth.
But, other than that, nobody making under $250,000 is going to see their taxes go up a dime. LOL.