The net investment income (NII) tax and the additional Medicare tax would survive repeal of the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) under a just-introduced, revised Senate GOP proposal. In June, Senate Republicans proposed to abolish both taxes (TAXDAY, 2017/06/23, C.1). The revised Senate GOP plan would repeal or delay other ACA […]
The post Senate GOP Redrafts ACA Repeal Bill; Keeps NII and Additional Medicare Taxes – Vote Planned Next Week appeared first on Tax & Accounting Blog.