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This Health-Care Reform Might Tax Us to Death

Date: July 17, 2009
Author: Sarah Breckenridge
QUOTE: Investors are going to get taxed. You are going to get taxed. It's that simple. The people without health insurance -- the very people whom this is supposed to help -- are going to get taxed too. And millions of them will be left without insurance (even though they have to pay higher taxes). First, to the investors. According to the bill passed this week by the House of Representatives, any individual who makes more than $280,000 a year -- or any couple that makes more than $350,000 -- is going to pay a surcharge of at least 1% of income above those levels. The more you make, the more you pay.

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