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Taxation & Estate Planning

: TaxProf Blog

President Obama's Health Care Tax Increases

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The tax centerpiece of President Obama's $950 billion health care plan are (1) increasing the Medicare tax by 0.9% for those with incomes over $200,000 (single) and $250,000 (joint), and (2) extending the 2.9% Medicare tax on wages to investment income (interest, dividends, capital gains, etc.) on those "wealthy" taxpayers:...

Full post as published by TaxProf Blog on February 23, 2010 (boomark / email).

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