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URL:  http://boards.fool.com/so-if-you-make-and-spend-60000-a-year-you-get-27732524.aspx

Subject:  Re: End of the Health Care debate Date:  6/8/2009  2:02 PM
Author:  TaoFelix Number:  19288 of 59150


So if you make and spend $60,000 a year, you get to pay over $10,000 in VAT taxes each year.


That's still $2K less than the more or less typical $12K med insurance premium. (Whether you, your employer pay it of split it 50/50 is irrelevant to this discussion.) And it doesn't take into account out-of-pocket deductables.

I see you're sticking with the 15-19% VAT. Someone else said it was 5%. Which is it?
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