Cooperwise Wrote:
Mar 19, 2013 3:54 PM
the health law will impose a 3.8 percent tax on investment profits and other non-wage income starting in 2013. But that tax applies only to couples with adjusted gross income of $250,000 (or individuals with AGI of $200,000). About 95 percent of households make less than that, and will be exempt from the law no matter what. Tax Policy Center Donald Marron Tax Notes article called “Health Reform’s Tax on Investment Income: Facts and Myths.”