New Senate healthcare plan keeps Obamacare-era taxes on wealthy: Senate source

Published : July 13, 2017 Updated : July 13, 2017
Reuters

WASHINGTON (Reuters) - The revised U.S. Senate healthcare plan will keep in place two Obamacare taxes on the wealthy and retain its limit on corporate tax deductions for executive pay in the health insurance industry, a Senate source told Reuters on Thursday.

 

The taxes on the wealthy - a 3.8 percent net investment tax and a 0.9 percent payroll tax that helps finance Medicare - apply to individuals with incomes above $200,000 and married couples making more than $250,000.

 

(Reporting by Susan Cornwell; Writing Doina Chiacu; Editing by Susan Heavey)

 
 
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