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In practice, the surtax would create a new top tax rate of 39.6 percent.
Then, Congress did not approve the war surtax for another 18 months.
Many members of Congress say the surtax has become the major issue in their districts.
The most meaningful way to understand the surtax is to consider the rate itself.
Most on Medicare - 60 percent - pay no surtax.
The concern expressed over the surtax never again reached its former level.
Does Obama need to consider a surtax on the wealthy?
The committee has spent the last two weeks searching for a way to reduce the surtax.
The poorest 60 percent of the elderly pay no surtax.
How about a surtax for those making more than $200,000?
In addition, beneficiaries would have to pay a surtax on income tax.
The 10 per cent income surtax is not to be dropped.
Rather it is a surtax equal to 5 percent of the final tax calculation.
Obviously, the less income that is subject to regular tax, the lower the surtax.
The surtax is paid by 40 percent of the Medicare beneficiaries.
Q. Would you, under any circumstances, consider a surtax to pay for the war if it goes on?
The fund is financed by a 19 percent surtax on hospital bills.
They didn't want to pay the surtax that finances it.
He said, "What's a bar bill but a surtax on reality."
He announced that his opposition was to the surtax on high incomes.
People who earned $10,000 or less would pay no surtax.
Such a surtax would surely be highly unwelcome to the Administration.
President Bush's statement appeared to all but close the door to the possibility of a surtax reduction.
The surtax would help pay for the care of people who did not receive health insurance from employers or other sources.
The surtax is effective for taxable years beginning after December 31, 2012.