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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (15928)	4/1/2010 4:37:56 PM
From: TimF	1 Recommendation Read Replies (1) \| Respond to of 42652

not a dime of tax was raised on anyone. False. usnews.com Now you have the new taxes that have been passed as part of "Health Care Reform". And you also have Some of Obama's other tax proposals would: —Raise the top two income tax rates for individuals, from 33 percent and 35 percent, to 36 percent and 39.6 percent, respectively. Unless Congress intervenes, those rates will rise next Jan. 1 when Bush's tax cuts expire. That government would reap $365 billion over the next decade. —Limit the itemized tax deductions high earners can claim for charitable donations, mortgage interest and state and local taxes, raising about $210 billion for the next decade. —Increase the top capital gains tax rate from 15 percent to 20 percent for families making more than $250,000 a year and individuals making more than $200,000. The proposal would raise about $105 billion. abcnews.go.com President Obama's Health Care Tax Increases 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: * Bloomberg, Obama Endorses Medicare Tax, More Drugmaker Fees * Christian Science Monitor, Obama's Health Care Plan Adds New Investment, Medicare Tax on Wealthy * Future of Capitalism, Obama Goes for Tax Increases * Greg Mankw, Financing Healthcare Reform * The Hill, Tax Group Says Obama Healthcare Proposal Breaks Pledge * Tax Vox, Obama Would Hit Investments With Medicare Tax, Water Down Insurance Levy * Web CPA, Obama Presents Unified Health Care Legislation taxprof.typepad.com