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johnfodge
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Was the medicare surtax of 0.9% eliminated under the tax reform bill of 2017 approved by Congress in December?

 
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Was the medicare surtax of 0.9% eliminated under the tax reform bill of 2017 approved by Congress in December?

No.

In reality, nearly all of the taxes and other provisions to pay for the ACA remain. That includes two taxes "Obamacare" imposed on people earning more than $200,000 a year: a 3.8% surtax on the investment income, and a 0.9% increase in Medicare taxes. President Trump had included the investment tax on a one-page set of guidelines for the tax overhaul released in April, but it never made it into the final bill.

https://firenewsfeed.com/politics/911135

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1 Reply

Was the medicare surtax of 0.9% eliminated under the tax reform bill of 2017 approved by Congress in December?

No.

In reality, nearly all of the taxes and other provisions to pay for the ACA remain. That includes two taxes "Obamacare" imposed on people earning more than $200,000 a year: a 3.8% surtax on the investment income, and a 0.9% increase in Medicare taxes. President Trump had included the investment tax on a one-page set of guidelines for the tax overhaul released in April, but it never made it into the final bill.

https://firenewsfeed.com/politics/911135

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