Call to Action: No New Taxes on Our Benefits
#1
Call to Action: No New Taxes on Our Benefits
Sticky please.
Time to Act ... now!
The Joint Select Committee on Deficit Reduction—or “Super Committee”—is working on Capitol Hill to craft a bill aimed at slashing the U.S. budget deficit by $1.5 trillion or more by 2021. The U.S. Congress must pass a deficit-reduction bill by January 2012, or there will be mandatory reductions in spending across the board. Several proposals are under consideration, one of which would raise income taxes or reduce tax preferences that exist today on employer-sponsored health care and defined contribution 401(k) retirement plans.
It is time for ALPA members to tell the decision-makers in Washington that these tax increases are not acceptable. Take action now: tell your member of Congress and your U.S. senators that you do not want to pay tax on your employer-provided health benefits and that reducing your defined contribution limit equates to significant new taxes on your negotiated benefits. These taxes should not be used to reduce the deficit! The Committee must act by November 23, 2011, so you must take action now.
Let your voice be heard—contact your federal representatives today.
Take Action Now!
Time to Act ... now!
The Joint Select Committee on Deficit Reduction—or “Super Committee”—is working on Capitol Hill to craft a bill aimed at slashing the U.S. budget deficit by $1.5 trillion or more by 2021. The U.S. Congress must pass a deficit-reduction bill by January 2012, or there will be mandatory reductions in spending across the board. Several proposals are under consideration, one of which would raise income taxes or reduce tax preferences that exist today on employer-sponsored health care and defined contribution 401(k) retirement plans.
It is time for ALPA members to tell the decision-makers in Washington that these tax increases are not acceptable. Take action now: tell your member of Congress and your U.S. senators that you do not want to pay tax on your employer-provided health benefits and that reducing your defined contribution limit equates to significant new taxes on your negotiated benefits. These taxes should not be used to reduce the deficit! The Committee must act by November 23, 2011, so you must take action now.
Let your voice be heard—contact your federal representatives today.
Take Action Now!
#4
New Hire
Joined APC: Sep 2011
Position: B-767-300ER Captain
Posts: 4
I don't normally read ALPA's magazine, but I saw this article. My first question was "Why is ALPA committing precious resources to a generic topic?" Obviously it affects all of those lucky enough to enjoy health care benefits, but it seems that I would want that much lower on a list of priorities for a union dealing with only pilots, and pilot issues. Again, it is of concern to about 200 million citizens, but ALPA? There is only so much time and money, but then again if that is what ALPA pilots want to fight, so be it.
Disclaimer - I belong to another union.
Disclaimer - I belong to another union.
#6
#8
Then we can find some people who can balance the budget without any new taxes. Crazy I know, but the odds of them listening to me are about the same as them listening to you.
#9
IIRC, about 30 years ago, the IRS made a move to tax the "imputed value" of all non-rev passes as ordinary income. A lobbying campaign by airline employees persuaded Congress to quash the idea.
If this new tax proposal, however, comes from Congress, it may be a tougher nut to crack.
If this new tax proposal, however, comes from Congress, it may be a tougher nut to crack.
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