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

Published 07/13/2017, 11:09 AM
Updated 07/13/2017, 11:20 AM
© Reuters. A stuffed uterus doll is seen at an information table at a bilingual healthcare town hall in Phoenix

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.

© Reuters. A stuffed uterus doll is seen at an information table at a bilingual healthcare town hall in Phoenix

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.

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