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Obama’s Proposed Tax on Unearned Income Would Raise $184 Billion, Says Joint Committee on Taxation

February 26, 2010 in Daily Tax Report · Leave a Comment 

An analysis from the Joint Committee on Taxation shows that President Obama’s proposal to impose a new Hospital Insurance tax on unearned income would replace the “Cadillac” plan tax as the main revenue source for a health care overhaul, producing $183.6 billion in new revenues over 10 years…

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