Democrats consider applying Medicare payroll tax to investment income

01/12/2010 | Wall Street Journal, The

Democratic House and Senate negotiators are assessing the possibility of including investment income in Medicare taxes on the wealthy to help fund the health care overhaul. While Democrats believe the additional tax would ease worries about taxes on premium insurance plans, a Republican aide argued that the amendment "unnecessarily undermines the simple straightforward structure" of the current health care system.

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