TITLE

The New Healthcare Act Includes Tax Breaks and Additional Taxes

AUTHOR(S)
Gardner, Randy; Welch, Julie; Daff, Leslie
PUB. DATE
June 2010
SOURCE
Journal of Financial Planning;Jun2010, Vol. 23 Issue 6, p46
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the passed Patient Protection and Affordable Care Act (PPACA) in the U.S. The authors explain that the main goal of the act is to require universal health coverage by mandating individuals to secure healthcare coverage or pay penalties. They also state that the PPACA develops two new taxes directed at the upper class to be able to finance the new healthcare changes. They further mention the availability of premium assistance credit for individuals and families with incomes up to four times the federal poverty level.
ACCESSION #
51316883

 

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