From the Center on Budget and Policy Priorities
The House surcharge proposal is reasonable and well-targeted. In recent decades, incomes have grown disproportionately for households at the top of the income scale, while their taxes have fallen substantially. Moreover, despite charges to the contrary, the proposal would have only a small impact on small businesses.
Additional reports on paying for health reform:
- Maintaining Current Value of Itemized Deductions For High-Income Taxpayers
- Limiting the Tax Exclusion for Employer-Sponsored Insurance
- Scaling back or eliminating health care flexible spending accounts (FSAs)
- Reversing the substantial real decline in federal excise taxes on alcohol
- Establishing a tax on high-sugar soft drinks.
APPROACH
