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IRS Releases 159-Page Proposed Regs on New ObamaCare Medicare Taxes

Paul Caron
,

IRS LogoThe IRS has released a FAQ and 159 pages of proposed regulations on the new 3.8% surtax on investment income and the 0.9% tax increase on wages for high-income individuals enacted as part of the Affordable Care Act and scheduled to take effect on January 1, 2013.

For a detailed discussion of these new taxes, see Richard L. Kaplan (Illinois), Rethinking Medicare's Payroll Tax After Health Care Reform, 90 Taxes 55 (Aug. 2011).

About the Author

Paul Caron Avatar
Paul Caron
Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.
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