the IRS offered an example of a taxpayer filing as a single individual who makes $180,000 in wage income plus $90,000 from investment income. The individual's modified adjusted gross income is $270,000. The 3.8 percent tax applies to the $70,000, and the individual would pay $2,660 in surtaxes, the IRS said.That's right you don't have to make over $200,000 a year to have to the new ObamaCare tax applied to you. As you can guess: Obama out right lied saying he wasn't going to raise taxes to pay for his health care scheme.
Monday, December 03, 2012
Reuters reports on ObamaCare's new taxes:
Posted by Steve Bartin at 6:55 PM