RSSDems urge higher taxes for health bill
From: The Washington Times | July 11, 2009
House Democrats on Friday called for boosting taxes on incomes beginning at $350,000 to help pay for health care reform but are still trying to find a compromise with moderate Democrats on other aspects of their reform plan. Rep. Charles B. Rangel, New York Democrat and chairman of the Ways and Means Committee, said the taxes, which would escalate at $500,000 and $1 million income levels, will be somewhere between 1 and 3 percent. The starting rate is higher than the $250,000 figure previously discussed. He said it would raise about $540 billion over 10 years, beginning in 2011, and …
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