Jul 14th, 2009 - Wall Street Journal
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(Updates with details from a preliminary CBO report)
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--U.S. House Democrats on Tuesday proposed new taxes on the wealthy to help fund an expansion of government health benefits. But the bill also includes a mechanism to peel back the tax increases if the revenue isn't needed to fund the bill.
The bill would place a 5.4% surtax on individuals and families with annual gross income exceeding $1 million. Individuals and families with annual income above $350,000 would face a 1% surtax, and those making between $500,000 and $1 ...
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Senate committee passes health bill
Jul 15th, 2009 - MSNBC
WASHINGTON - The Senate health committee has passed legislation to revamp health care, becoming the first congressional committee to act on President Barack Obama's goal of overhauling the system this year. The Health...
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1:11NBC's Tom Costello Completely & Ignorantly Butchers Health Bill's Tax on Wealthy
(Via www.mediamatters.org ) NBC News correspondent Tom Costello falsely reported that the health care income surtax in the House tri-committee bill could mean a surcharge of $7000 for those "with a taxable income of more than $350000" and a surcharge of $15000 for those "earning $500000 ...
0:16TERRIFYING 57% TAX LOOMS FOR BIGGEST EARNERS - OBAMA'S SO CALLED HEALTH PLAN
Tax Poster - No it's not a video... But I had to share it. DEM HEALTH RX A POI$ON PILL IN NY Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly ...
0:31Obama: Healthcare bill need of the hour
Six months in office, President Barack Obama sought Wednesday night to rally support for sweeping health care legislation he's struggling to push through Congress, expressing support for a surtax on families making more than USD 1 mn a year to help pay for it.
2:477/14/09 - ProducersWEB.com's Daily Industry News Update
Obama considers foreclosure aid; Health care overhaul bill includes surtaxes; Retail sales rise in June ... Trends Markets Regulatory Commercial "Consumer Sentiment"
