londonfog
Well-Known Member
I just was checking when and how he post...funny shit
look at all the
- Thread starter ChesusRice
- Start date
I just was checking when and how he post...funny shit
londonfog
Well-Known Member
again do you own your own company. Do you have workers. You must be laid up with knee problems for awhile and it must happen quite often
Bro, I've answered that question a few times, perhaps you missed it.
Yes, I own the company, I also have an LLC and yes I have employees.
They get health benefits (have for years) they get a week paid vacation, company trucks, gas cards ( valero) The trucks have AC, they get nice Xmas bonuses and I take them all on an annual fishing trip.
Anything else?
londonfog
Well-Known Member
how many you employ. how much an hour. How much percentage you pay for health benefits.
Seems like you doing nice under OBAMA... LMAO
LMAO Right now I have three crews, (8 employees) that fluctuates but four of them have been with me for a while.
They range from $19.00hr to $36.00 hr, we pay 100% healthcare (Kaiser) $30 co pays, $15 prescriptions
I did much better before Obama my friend, but I'm not complaining.
londonfog
Well-Known Member
LOL I was asking what percentage you pay towards the monthly premium..Seems like you not understanding what a business owner does.
so you saying you did good under Bush??? I guess you are the only one. Again I say you spend way too much time on RIU for that life...
Your looking like a fool now Fog.
You asked me what percentage I pay for my employees healthcare, 100% ,what part of that stumps you?
They don't pay a dime amigo, they just foot the bill for the co pays and prescriptions, comprende?
londonfog
Well-Known Member
get the fuck out ...you pay 100% of your employees health care with them paying nothing. Dude I'm done. You the richest man on RIU
When you get older (experienced) you'll know what a group plan is!
Their healthcare is a 100% write off sparky, my wife and I are also included in the group plan.
Another little tidbit for ya, my wife and I and every employee on the plan are covered with No pre existing condition exclusion.
I can tell you right now, you have zero experience with employees and healthcare plans, you made that crystal clear!
londonfog
Well-Known Member
I do know what a group plan is
the type of health insurance familiar to most consumers is group coverage offered by an employer. With group health insurance through your employer, the policy is partially paid for by the company on behalf of their employees. The company will contribute a large percentage toward the monthly premium and you (the employee) will be responsible for paying the difference, about 16-27%. http://www.healthplanone.com/healthinsurance/california/
so who making shit up
"Let the games begin", you lasted 20 minutes my friend. LMAO
I answered every question you put in front of me and more, I answered honestly and promptly.
Now it's my turn.
You say you pay your employees $8.50hr + $1.50 if they speak Spanish.
Where do you live, do you pay for your employees healthcare and what do you consider a living wage in your state?
londonfog
Well-Known Member
Another lie is you saying heathcare is a 100 percent right off...BULLSHIT
The small employer health-care credit lets small businesses write off 35% of the premiums you pay for employees' health insurance. AHCA is raising that shit to 50 percent..You lie..go away
Dude, group plans through small businesses (mine) are NOT required by law, I am Not regulated at all!
Furthermore, it's up to me if I want to provide them, what percentage I pay and where I decide to get the policies.
What's the matter, not fitting your bill as a typical greedy conservative?
Google that, sparky.
You're full of shit, Google is failing you, sparky
Tax credits and expense write offs are two different things. LMAO
UncleBuck
Well-Known Member
you're more of the typical dumbass conservative who is easily duped into believing outright lies.
but you being on here because you're laid up is understandable.
still wish you'd get a life and get off the fucking internet!
londonfog
Well-Known Member
Dude you not talking to someone who does not know about a small business. You have under 50 employees so of course you don't have to provide insurance ...but even if you do YOU CAN NOT RECEIVE A 100% PERCENT RIGHT OFF FOR THEIR HEALTH INSURANCE. You are lying and very much caught. http://taxes.about.com/od/businesstaxes/qt/Small-Business-Health-Care-Tax-Credit.htm or talk to the IRS. You lie go away
londonfog
Well-Known Member
this guy says he pays 100 percent of his employees insurance and then rights it off 100 percent...that's bullshit 35 percent is the max... soon to be 50 percent
UncleBuck
Well-Known Member
well, desert dude somehow managed to contribute $400,000 to social security over his work career.
righties just do amazing things that fly in the face of facts.
You are wrong London, and besides your link is for a tax CREDIT, not a deduction and does nothing to prove him wrong or you right. You get the credit in addition to the deduction.
Employers can deduct the premiums they pay for employees in a group plan. This deduction is limited by the amount that exceeds the AGI by 7.5% If you have a C corporation, you can even deduct your own premiums.
OMG, Fog, we pay about $63k a year (just asked the wife) in healthcare benefits for my wife and I and our employees.
Healthcare for my employees is a business expense write off 100%, I don't know where you are getting your info but i think I;ll take mt wife and our accountants word over yours.
A tax credit is a reduction on the tax itself.
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