Page 50 - issue
P. 50
Let’s put aside our
“philosophy of working
and just crunch the
numbers. Does it pay for
Dad to work much
harder to earn the
an additional 24%. Their tax rate is of their free health insurance. They ”extra $25,000 to take
now over 81%. Bottom line: They keep might have to pay some deductibles
only $4,600 out of the $25,000 extra and co-pays. They might also lose home under $3,000?
income they earned. energy assistance from BGE. Yes, this
family might end up in the 90%-plus take home under $3,000? It doesn’t
Are we done yet? Are there any tax bracket!! seem so. The only satisfaction this
more costs to consider? Well, yes. It is family might possibly have is in know-
quite possible that the family’s health Folks, let’s put aside our philosophy ing that at least they paid their “fair
costs will go up. Because health insur- of working and just crunch the num- share.”
ance costs are linked to tax laws and bers. Does it pay for Dad to work much
taxable income, they might lose some harder to earn the extra $25,000 to Case Number Two
This Dad makes $100,000. With five
children, he receives an Obamacare
health insurance credit of $500 per
Coming soon!
Hot Lattés,
Espresso,
and More!
Watch for Signs in the Store
Brisses • Sheva Brachos • Graduations • Anniversaries • All Dairy Occasions
1500 Reisterstown Road • Baltimore, MD 10% OFF
Tel: 410-415-7001 • Fax: 410-415-5350 Exp. 12-11-16.
www.goldbergsbagels.com Maximum Value $10.
OPEN SUNDAY–FRIDAY AT 6 AM EST
42 u www.wherewhatwhen.com u
“philosophy of working
and just crunch the
numbers. Does it pay for
Dad to work much
harder to earn the
an additional 24%. Their tax rate is of their free health insurance. They ”extra $25,000 to take
now over 81%. Bottom line: They keep might have to pay some deductibles
only $4,600 out of the $25,000 extra and co-pays. They might also lose home under $3,000?
income they earned. energy assistance from BGE. Yes, this
family might end up in the 90%-plus take home under $3,000? It doesn’t
Are we done yet? Are there any tax bracket!! seem so. The only satisfaction this
more costs to consider? Well, yes. It is family might possibly have is in know-
quite possible that the family’s health Folks, let’s put aside our philosophy ing that at least they paid their “fair
costs will go up. Because health insur- of working and just crunch the num- share.”
ance costs are linked to tax laws and bers. Does it pay for Dad to work much
taxable income, they might lose some harder to earn the extra $25,000 to Case Number Two
This Dad makes $100,000. With five
children, he receives an Obamacare
health insurance credit of $500 per
Coming soon!
Hot Lattés,
Espresso,
and More!
Watch for Signs in the Store
Brisses • Sheva Brachos • Graduations • Anniversaries • All Dairy Occasions
1500 Reisterstown Road • Baltimore, MD 10% OFF
Tel: 410-415-7001 • Fax: 410-415-5350 Exp. 12-11-16.
www.goldbergsbagels.com Maximum Value $10.
OPEN SUNDAY–FRIDAY AT 6 AM EST
42 u www.wherewhatwhen.com u
