What the hell is the Net Investment Income Tax? And why am I now having to pay it?

Posted by Robbie53024 10 years, 2 months ago to Government
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One more way the IRS is redistributing my wealth.

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  • Posted by fivedollargold 10 years, 2 months ago in reply to this comment.
    Fivedollargold was a tad slow to catch on to this tax. It is a surtax on the upper, middle-class masquerading as one exclusively on the wealthy. Fivedollargold thanks you.
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  • Posted by flanap 10 years, 2 months ago in reply to this comment.
    Perhaps, but a lot of the ACA squawkers trying to get the word out on how they are funding this mess have mentioned this along side the tax on medical equipment and the hope they can get "invincibles" to signup for the slaughterhouse.
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  • Posted by fivedollargold 10 years, 2 months ago
    Don't know how this differs from the capital gains tax. Will have to investigate.
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  • Posted by Icon 10 years, 2 months ago
    You are having to pay it because they are running out of other peoples money.
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