Health Care Surtax Applies to Capital Gains

by Benjamin Domenech on 10:32 am November 12, 2009

Democrats are funding their new entitlement with a 5.4% surtax on incomes above $500k. “The surcharge is intended to snag the greatest number of taxpayers to raise some $460.5 billion, and so the House has written it to apply to modified adjusted gross income. That means it includes both capital gains and dividends.”

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