Quote:
Originally Posted by Rochard
My wife works for a doctor and is her only employee. My wife works only so we can have healthcare, but after she was hired the doctor told us she couldn't afford to insure myself and our kid. However, this morning we got an email from my wife's boss telling us that under Obamacare, she is able to write off a much larger portion of her healthcare expenses as an employer - so much so that she can now insure all three of us and pay less than when she was just covering my wife.
I can't really debate Obamacare, but I have yet to see a downside with it.
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What am I missing here?
An employer/business can "write off" or expense legitimate business expenses like insurance. Meaning these expenses are deducted from profits before taxes are calculated. The only way she is "writing off" more is if her expenses are now higher.
What am I missing Dude?
.