Section 9001 imposes a 40 percent tax on the portion of insurance premiums exceeding $8500 a year for individuals and $23000 a year for family plans. In order to hide the tax, it will be imposed on the health insurance companies who … So if you are living the American Dream you are about to pay a lot more for it if the House version of the health care bill gets adopted. Let’s break this down a little bit. Currently, the top income tax rate in the United States is 35 …
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The Health Care Reform Bill: Welcome To The Biggest Tax Increase …
