
|Articles|May 18, 2012
Taxes Lurk Behind Court Test of Obama Health Law
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While Supreme Court watchers focus on the controversial insurance requirement in President Barack Obama's healthcare law, lesser known is that the court's ruling next month will also decide the fate of billions of dollars in new taxes.
The 2010 law includes a 3.8-percent boost in taxes on investment income and a 0.9-percent increase in the Medicare payroll tax, both hitting people who earn more than $200,000 a year.
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Source: Chicago Tribune
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