More like $40K.

I have no doubt Goldman Sachs has a decent group insurance and that they can pay any copay and deductibles without problems. I am not sure what point they are trying to make?

is that they are so fucking rich they actually CAN 'make personal decisions,' whereas millions upon millions of Americans don't have the financial strength to make those kinds of decisions.
The richest pricks always talk like that.

"Oh sweetie poo, (you poor little scum) tut, tut, I just made a personal decision to but another boat this year. You should really try it some time, you know. Oh, my ! Tsk Tsk. It is just so, dahling."

AND my dear Heidi's spokesperson, goldman sucks DOES cost taxpayers millions upon millions.... billions?, because of their corrupt, greed-driven, immoral behavior.

the CEO of McDonalds responding to the disgruntled employee that so boldly stood up and asked why she was only making minimum wages after TEN years of working for the company. The CEO simply responded that he'd been with the firm FORTY years! Never mind that 52% of fast food workers get SOME kind(S) of government support because they live in poverty.
Heck, by that CEOs logic, she should be making one fourth of what he is - and I'll be that's a DAMNED SIGHT more than she takes home every week. OH...... BTW, it's WE that pick up the tab for all those social programs that McDonalds relies on. WAKE UP PEOPLE!!!

Were he poised to lose his insurance if Congress were required to go through the exchanges, his position would be more legitimate.

the hypocrite be exposed for what he is.

Edited to add: I wonder who Goldman Sachs was betting on in the build up to the potential default.

from their plan if that spouse has access through their own place of employment. Isn't that how most greedy companies work?

http://www.npr.org/blogs/health/2013/09/19/223786934/employers-trim-health-costs-by-cutting-coverage-for-spouses

Presumably, Mrs. Cruz' employer, Goldman Sachs, writes off the cost of providing health care as a business expense, thus lowering their tax burden and in effect shifting it to all other taxpayers. I'm sure someone will correct me if I'm wrong about this.

“The senator is on his wife’s plan, which comes at no cost to the taxpayer and reflects a personal decision about what works best for their family,” spokeswoman Catherine Frazier said.
__________

The American Taxpayers subsidizes her non-taxable employee benefit. She earned $20,000, she choose to take it as a non-taxable fringe benefit deductible to the Corporation and not includable in her taxable income.

It is altogether proper that the Government should encourage these types of expenditures!

But, don't pretend that the Government hasn't made a $7,000. subsidy payment directly to her (20,000. x 35% (the top marginal income tax rate that she avoided)).

The uninsured pay for their entire health care generally with after tax dollars! Their expenses are not "tax favored" unless they have taxable income, itemize their deductions, and their deductions exceed 10% of their AGI (it happens, but not very often).

and so is not a visible tax benefit to her, although she does profit from it. She would, however, be able to pay for any amount that she pays for in her paycheck with before tax dollars. That's before ALL taxes, including Social Security and Medicare. So on that you are accurate.

Compensation is compensation, whether it is included in a "benefits package" or not; whether it is "visible" or not.

If her compensations is $300,000/yr, it is highly likely that her taxable income might be $250,000.

Nontaxable benefits include:
* Health, Life & Disability Insurance.
* Qualified Retirement Plan (in her case probably a Defined Benefit Plan rather than smaller 401(k) deferral increasingly offered by employers).
* Flexible spending arrangements, educational assistance programs, childcare assistance, and on and on!

Most nontaxable fringe benefits are directed at worthy behaviors, from a societal stand point.
However, there is a cost to society of all these benefits and delivering these benefits through our system of taxation means that highly compensated individuals cost the most (or stated differently, they benefit the most).

The basic injustice of our system can be illustrated as follows:

A $10/hr Single individual must earn over $100 in order to pay a $75 doctor bill; Mrs. Cruz only has to earn $75 to pay the same bill!

I bought a house because I got to an income level where it made no sense to continue renting. When I did that, I got on the gravy train you describe: because of the tax savings from the mortgage and property tax deductions, I was able to contribute a larger amount to my 401(k), which of course knocked my taxes down even more, which allowed me to pay for a better medical plan, which knocked my taxes down even more…It amazed me. A corporate employee making a large income like Mrs. Cruz is the most favored individual there is in our tax system.

"So you poor pathetic American proles can just sit down and STFU. Smirk."

- Le Cruzers (R - Special)

Cruz is a Dominionist, a chosen one to whom riches are given. His father gave a sermon about it last year at one of those huge Evangelical churches.

with Teabaggers.

If God really gave a shit about you, he'd intercede and set you up with someone who took care of your needs. So let it be known, I'm one of the righteous ones basking in the glory of God's goodness. Lucky me, and too bad about you people. On orders from God, I will work tirelessly to deny you the things that God has determined you are not worthy of.

“The senator is on his wife’s plan, which comes at no cost to the taxpayer and reflects a personal decision about what works best for their family,” spokeswoman Catherine Frazier said.

So Ted gets to make a personal decision about what works best for his family and mine as well.

Why don't we just get it over with and rename ourselves the United States of Goldman Sachs?

I just want to know why I still can't get any because this stupid state won't set up an exchange and won't expand Medicaid!

There are millions of people who cannot make the decision of "what's best for their family", as they have no insurance at all.

Surely the Senator knows this...

I heard on the radio this morning some RW British guy who works for Fox going on and on about how bad Obamacare was and that it was just a step away from socialized medicine. My thoughts were, if that's the case, then it's a good thing.

I don't get the mind set of people who only care about getting theirs, but have zero compassion for those who are not as privileged. I have good health coverage through my job, but that doesn't mean that I don't give a fig about the rest of the nation. Besides, in this economy, I could be unemployed in the near future. No one knows what the future holds.

It's wonderful to be in a mostly caring community...thank you!

yet her husband is the darling of the Tea Party which is supposed to be against everything she stands for.

There is just a huge disconnect there.