Tag: committee on taxation

Bob Herbert has a great piece today tearing about one of the problems I have with the health care bill – the Cadillac tax. First off is Bob’s explanation of the system: The tax would kick in on plans exceeding $23,000 annually for family coverage and $8,500 for individuals, starting in 2013. In the first […]

So it turns out that the big Republican stimulus package, rolled out by the House Republican leadership on the day of the stimulus vote, may have actually raised taxes. A staffer for the House Ways and Means committee email Greg Sargent this: In 2008, 4.2 million Americans had to pay the Alternative Minimum Tax (AMT). […]