New Taxes to Take Effect to Fund Health Care Law

“Among the most affluent fifth of households, those affected will see tax increases averaging $6,000 next year, economists estimate.  The law does not provide for the money to be deposited in a specific trust fund. It is added to the government’s general tax revenues and can be used for education, law enforcement, farm subsidies or other purposes.  Under another provision of the health care law, consumers may find it more difficult to obtain a tax break for unreimbursed medical expenses. In addition, workers face a new $2,500 limit on the amount they can contribute to flexible spending accounts used to pay medical expenses.”

http://www.economicpolicyjournal.com/2012/12/here-we-gonew-taxes-to-take-effect-to.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin