View Single Post
  #8  
Old 02-23-2012, 09:33 AM
Clip-Clop Clip-Clop is offline
The Curragh
 
Join Date: Oct 2006
Location: Manningtown, Colorado
Posts: 2,727
Default

This does sound awesome!!!

Businesses that pay their employees a smaller amount get a larger tax credit, and businesses that pay higher wages get a smaller tax credit. The amount of the tax credit is phased out by a ratio of the employers average annual wages. An employer that has average annual wages of $25,000.00 would receive a tax credit equal to 50% of the employers contributions to it’s employees health insurance premiums. If the employer has average annual wages of $35,000.00 the tax credit is reduced to 20%. If the employers average annual wage is $50,000.00 they are not eligible for the tax credit.

http://democrats.senate.gov/pdfs/ref...t.pdf#page=307
__________________
don't run out of ammo.
Reply With Quote