Submit a Letter to the Editor

The Billings Gazette welcomes readers' comments.

Obamacare not great for the self-employed

2014-04-06T00:00:00Z 2014-04-07T09:34:07Z Obamacare not great for the self-employed The Billings Gazette
April 06, 2014 12:00 am

Obamacare is not such a great deal if you are self-employed. For a self-employed 55-year-old man earning $55,000 a year, it is expected that $6,558 is set aside for health insurance premiums.

After paying taxes on $55,000 a year, about $38,000 is left. The Obamacare premium is about 17 percent of that $38,000. After paying the Obamacare tax, there is $32,000 left to spend on living expenses and health care deductibles.

Subsidies are not provided for this income level. I guess equality means everybody is poor.

Olie Olson

Laurel

Copyright 2015 The Billings Gazette. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

No Comments Posted.

Comment policy

We provide this forum for readers to exchange ideas and opinions on the day's news. Passionate views, pointed criticism and critical thinking are welcome. Name-calling, crude language and abuse are not. You must be logged into a personal account on Facebook to comment (FAQ). Readers are responsible for their comments and abuse of this privilege will not be tolerated. We reserve the right, without warning or notification, to remove comments and block users we determine violate our Terms of Service. Comments reflect the opinions of the author - not those of The Billings Gazette or its parent company.

Add Comment
You must Login to comment.

Click here to get an account it's free and quick

More from the Gazette

Zinke on the wrong side of food labeling issue

May 31, 2015 4:00 pm(3)

Export-Import Bank hurts more than helps

May 31, 2015 3:00 pm(0)

Ron Paul's warning ignored by mainstream media

May 31, 2015 2:00 pm(1)

For the dogs' sake: No dogs in parks

May 31, 2015 2:00 pm(2)

Boating while drinking is extremely dangerous

May 31, 2015 1:00 pm(0)

Karjala represented constituents well

May 31, 2015 1:00 pm(0)

Groups bring private hunting schemes to Montana

May 31, 2015 12:00 am(6)

Legislature did accomplish important things

May 29, 2015 8:00 am(3)

Follow The Billings Gazette

Popular Stories

Get weekly ads via e-mail

Deals & Offers

Featured Businesses