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House health care bill is right on the money: Taxing high incomes better than taxing high premiums

Issue Brief #267

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The House bill would enact a surtax on very high incomes. Specifically, incomes over $1,000,000 (for joint tax filers; $500,000 for single filers) would be assessed a surtax of 5.4% to finance reform. The Senate bill would enact a 40% excise tax on the cost of employer-sponsored health insurance plans that exceed $8,500 for individual coverage or $23,000 for family coverage.


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