159-Pages Define New Obamacare Taxes
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- Created on Thursday, 06 December 2012 08:08
- Written by Justin Credible
We reported earlier this week that new Obamacare rules were released in the standard Friday document dump that outlined how the law forces insurance companies to pay for the monstrisity. The IRS has now released new rules for investment income taxes on capital gains and dividends on high-income earners. Again, Obamacare seeks to punish the wealthy as a way to pay for the bill, which has a number of side effects, considering that a millionaire and billionaire is defined as earning more than $200,000 per year by Obama.