Politics
Out of context: Reply #10832
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- luckyorphan0
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Regarding the earlier post on the false claim that the president plans to "raise the Medicare payroll tax on some households earning less than $250,000," please read this analysis from the Christian Science Monitor:"In his new health package, based largely on the Senate’s version of reform, the President lays out for the first time his own specific design. And to help pay for a broad expansion of insurance coverage, he includes several big revenue measures. The two biggest: He’d increase by 0.9 percentage point the Medicare tax for households with incomes over $200,000 for singles and $250,000 for joint filers. In addition, he’d impose a 2.9 percent tax on these same households on interest, dividends, annuities, and most other investment income."
...and verification from the Wall Street Journal:
"Currently, the Medicare tax applies only to wages, without any limits. The 2.9% tax is divided in half, with workers and employers each paying 1.45%. The health bill passed by the Senate would raise the worker contribution to 2.35% for individuals making more than $200,000 a year and couples making more than $250,000 a year."
== CNS News is not a viable news source. ==
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http://factcheck.org…luckyorphan - Facts never get in the way of his liberal-bashing.DrBombay
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