‘dependent children’ Tagged Posts

please compute taxable income?

Hi, help me please Morgan and Maggie are married and have two dependent children. They also fully support Mary's mother who lives with them and has n...

 

Hi, help me please
Morgan and Maggie are married and have two dependent children. They also fully support Mary’s mother who lives with them and has no income. Their 2006 tax and other related information is as follows:
Total salaries 0,000
Bank account interest income 3,500
Municipal bond interest income 1,500
Value of employer provided medical insurance 3,500
Value of premiums for ,000 of group term life insurance provided by employer 0
Dividend income from ABC stock ,000
Loan from Morgan’s parents ,000
Gift from Morgan’s parents ,000
Gain from the sale of qualified small business stock held more than 5 years ,000
Total itemized deduction ,000
compute Morgan and Maggie’s taxable income

Why do democrats insist that republicans have not offered a plan on health care?

 

Fact – A plan was offered but it didn’t get any press or support by Nancy "do it my way or the highway" Pelosi. Here is a summary of what was offered:

By the way, this took me about 30 seconds to find.

http://www.neighborhoodlink.com/article/Community/Health_Care_Reform_Republican

The Republican Alternative
Republicans in the House of Representatives unveiled a 3-and-a-half page summary of their own health plan, without details or an estimate of costs, but emphasized that their plan would cost less than the Democratic plan.

Key Provisions of the House GOP Plan

States, small businesses, and others could group together to offer lower-cost, health care plans.
Medicaid users could take the value of their Medicaid benefits and transfer them to a private health care plan.
People, especially those in lower income brackets or over 55, would receive incentives to build up health care savings accounts.
Employers would automatically sign up their workers for health insurance, so that employees would have to opt out of coverage if they didn’t want it.
Tax deductions on insurance premiums for people who get their plans individually or from their companies.
Ideas in the House GOP Plan that Are Supported by Both Parties

Dependent children can stay on their parents’ policies until they are 25.
Employers would be encouraged to reward employees for improved health.
Community health centers could be expanded.
Americans can maintain their specific health insurance policies when they lose or leave jobs.
In-home care over institutional care would be encouraged with financial help.
Medical malpractice lawsuits would be limited – though there are significant disagreements between the parties by how much.

http://rsc.tomprice.house.gov/News/DocumentSingle.aspx?DocumentID=140115

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