The House has proposed a tax on “wealthy” individuals to pay for its health care reform legislation. Now, New York Congressman Charles Rangel suggests that the U.S. tax unearned income, … Read →
As a way to pay for the billions of dollars required to revamp the nation’s health care system, a New York congressman is suggesting the possibility of a new tax on unearned income such as capital gains.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.