The middle to upper class Americans are affected by ObamaCare’s tax increase more than anyone. How fair is it that the ones having to pay the highest taxes are the most successful Americans? If an individual collects an income of more than $200,000 a year, they pay 3.8 percent tax on investment incomes and 0.9 percent on Medicare taxes (Matthews). The issue behind this is that an estimated “one-third of American households received Medicaid, food stamps or some other means- tested program in 2010” (Matthews). The number of Americans supported by Medicaid is only increasing and the Americans with higher incomes have to support the people with a low job income along with the
The middle to upper class Americans are affected by ObamaCare’s tax increase more than anyone. How fair is it that the ones having to pay the highest taxes are the most successful Americans? If an individual collects an income of more than $200,000 a year, they pay 3.8 percent tax on investment incomes and 0.9 percent on Medicare taxes (Matthews). The issue behind this is that an estimated “one-third of American households received Medicaid, food stamps or some other means- tested program in 2010” (Matthews). The number of Americans supported by Medicaid is only increasing and the Americans with higher incomes have to support the people with a low job income along with the