Friday, March 26, 2010
Insurance Groups Blast Annuity Income Tax
Five insurance trade groups have joined to fight a section of H.R. 4872 -- the Patient Protection and Affordable Care Act “fixer bill” -- that would impose a 3.8% tax on annuities.
Drafters of H.R. 4872, the Reconciliation Act of 2010, want to use the revenue from the tax, which would apply to individuals with annual incomes over $200,000 and couples with annual incomes over $250,000, to help fund the Medicare program...
L&HN: Insurance Groups Blast Annuity Income Tax
Drafters of H.R. 4872, the Reconciliation Act of 2010, want to use the revenue from the tax, which would apply to individuals with annual incomes over $200,000 and couples with annual incomes over $250,000, to help fund the Medicare program...
L&HN: Insurance Groups Blast Annuity Income Tax
Permalink posted by markw @ 4:43 AM 
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