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Tax Implications

CPA Joe Arsenault on Possible 3.8% Medicare Tax on Wealthy Earners

June 17, 2010

Health care reform has a 3.8% solution that some worry could have unhealthy side effects on financial markets. The legislation, separate from the bill President Obama signed Tuesday and still awaiting Senate approval, has a 3.8% Medicare tax levied against high-income taxpayers’ investment income. The fear is that the stock and bond markets could be [...]

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