Mastodawn

Kelly Clarkson says she never received her ‘American Idol’ prizes
'They said you get a car, and I needed it because my car was bashed in and I couldn't afford the deductible,' Clarkson said of her 'American Idol' win in 2002.
#Entertainment #AmericanIdol #KellyClarkson
https://globalnews.ca/news/11727516/kelly-clarkson-american-idol-winner-prizes/

Global News Mar 12

XTROVERSO.COM Jun 13, 2025

THINK your espresso machine is a deductible business asset? THINK AGAIN. Most BVs get this WRONG. Find out what really counts before the taxman does.

https://www.xtroverso.com/blog/governance-11/what-you-can-deduct-in-your-dutch-bv-no-bs-407

#business #markets #government #tax #fiscality #wealth #cost #deductible #economy #Netherlands #dutch #fiscal #xtroverso #money

What You Can Deduct in Your Dutch BV – No BS

Think all business expenses are deductible in your Dutch BV? Think again. Here's what actually counts—and what gets flagged. Straight facts inside.

xtroverso

Maggie Maybe Mar 18, 2025

Did you guys know there is a LIFETIME cap on Medicare part A coverage for inpatient mental healthcare?? I guess this means after 190 days you get 100% of the bill.

I also learned this morning that if you’re in the hospital more than 60 says your “copay” is $419 a day, until day 61 when you pay $838 a day.

I have no idea what 60 lifetime reserve days mean, but it looks like even if you have medicare repeat covid infections will wreck your body AND your finances.

#medicare #MentalHealthcare #deductible #LifetimeCap #CovidIsntOver

Maggie Maybe Dec 14, 2024

@grayface_ghost I have Medicare and last time I went to the ER they admitted me. And I was briefly worried about some weird rule I remember from TV dramas where people who go to the hospital with Medicare need to be there for three days or they get stuck with a big bill.

I couldn’t remember why this happened, and I didn’t want to stay there for three days when they were ready to discharge me after two so I accepted it and left.

Then I got an EOB telling me that I’m going to owe more than $1000 because of my part B inpatient deductible, and then I remembered the three day thing. I think you have to be there three days before part A kicks in and then you don’t have to pay anything (PLEASE CORRECT ME IF I AM WRONG SO I CAN AVOID THIS BILL IN THE FUTURE)

I did not have to pay anything in the end because as a disabled person my SSDI income is low enough that I qualify for 100% financial aid from the hospital.

But it’s kind of insane that there’s a system that would motivate me to stay in the hospital for an extra day costing Medicare a whole bunch of extra money just because I’m too poor to pay my deductible. They got billed $25,000 for those few days. Does it really make sense for them to motivate me to push for an extra day inpatient so that I don’t have to pay anything?

It’s extra weird when they are also required to give me a piece of paper that tells me that if I don’t want to be discharged there’s a phone number I can call to complain to Medicare. This all seems like a ponzi scheme.

#medicare #deductible

Show thread

Kent Pitman Aug 27, 2024

@metin

Good quote. Chomsky has some keen insights.

I'm not an accountant or a lawyer, but that won't keep me from offering some related opinions here. Sorry this will be slightly US-centric, though I won't be surprised if there are echoes elsewhere.

I assume he's talking about tax deductibility of advertising for business as an ordinary and necessary business expense.

There are those of us who think that corporations should not be "legal people", trying to get rights that were created for people, not corporations. The flip side of this that gets far less attention is that corporations have rights people do not.

The "ordinary and necessary business expense" means that there is an activity fundamental to the core of the existence of a company's interests. The scrutiny is MUCH higher for individuals, who may feel their own core identity needs some advertising, EVEN IF it is not a business.

And so ordinary and necessary expenses of simply being alive are not deductible by human people, which seems an abomination. It's ridiculous. For example, interest on loans including high interest credit cards is not deductible by ordinary humans.

It used to be, but that right went away. It is a privilege of the rich now. You can deduct interest related to loans secured against your house. That sounds good, said that way, if you think it's intended to incentivize you to invest in your house. But an implication is that if I buy a pleasure yacht and secure the loan against my house, I can deduct the interest. But if I make ACTUAL upgrades to my home and pay for them on a credit card that is NOT secured against my home, I cannot deduct it.

So, back to the quote, we pay in other ways that are related but more subtle. We are told and eventually come to believe that the "ordinary and necessary expense" thing is a strong argument for justifying that OF COURSE such expenses cannot be seen as "profit". And yet we are routinely taxed in our ordinary lives in ways that are OBVIOUSLY not profit to ourselves, that are obviously taxes on our existence, and that is apparently not obviously something we should get as a reason not to be taxed.

Related reading: My 2009 essay Credit Cards: A Tax on "Being Poor", where I argue that this kind of disparity creates "double taxation" on private individuals.
http://netsettlement.blogspot.com/2009/01/credit-cards-a-tax-on-being-poor.html

#CreditCards #deductible #deductibility #taxation #DoubleTaxation #LegalPerson #corporations

Credit Cards: A Tax on “Being Poor”

Seeing credit cards as double-taxation: a non-deductible private tax paid to a private government to get a private safety net.

Doug Grinbergs Jan 1, 2024

Fans of #Obamacare, reminder that annual #deductible counter resets to $0. Just one example of corporate neoliberals' "skin in the game" ☹️😡👎
#KFF "Deductible Relief Day (DRD) is the point at which average spending among those with job-based health #insurance finally is enough to meet the average deductible… research from pre-pandemic 2019 puts Deductible Relief Day at May 19 — 2 months later than in 2009, because deductibles have risen since then." #deductibleReliefDay
https://www.goodrx.com/insurance/health-insurance/deductible-relief-day-insurance-coverage-assistance

GoodRx - Error

Ren Cicalese, III Oct 12, 2023

As the conflict is Israel/Gaza continues, many are considering making donations to foreign charitable organizations. One thing to note, donations to a foreign charity are not #tax #deductible. Read more: https://www.forbes.com/sites/kellyphillipserb/2023/10/10/tax-and-other-considerations-for-charitable-giving-abroad-in-times-of-crisis/?sh=41295795410a
#charity #Charitable #Donations

Tax And Other Considerations For Charitable Giving Abroad In Times Of Crisis

Thinking of making a gift to help those suffering abroad? You are not typically not allowed a tax deduction for contributions to a non-U.S.-based charitable organization.

Forbes

Don Hawkins - W7DAH Sep 4, 2023

https://www.tiktok.com/t/ZT82LkTDH/

#Health #Healthcare #Insurance #America #Premiums #Deductible #Medical #Dental #Vision #Mental #Profit #Greed #Middleman #Corporatocracy #M4A #Medicare

Dr. Glaucomflecken on TikTok

Day 2 - Deductibles

TikTok

Jules of Denial May 4, 2023

I have to lose my excellent #health #insurance because my only other full time employee already has insurance through her husband’s employer. With my current plan, I have a $500 #deductible and $2,000 annual #OOP max. The only plans I have to choose from as an individual are all more expensive than my current plan, the lowest deductible is $1,250, and the lowest OOP max is $9,100.

Why the fuck isn’t my current plan available for me to pay for as an individual??!! #USHealthInsuranceSucks