Originally Posted by
CompetentFool
I paid $850 in fed addl med last year - 2013. It was enacted under Obamacare. "There will be an additional 0.9% tax on earned income in excess of $250,000 for families and $200,000 for individuals to help pay for Medicare Part A".
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
So, you made $362,000 last year? ($250,000+94,500+17,500)
$850/.009 = $94,500.
Of course, I'm assuming you're married and maxed out your 401K
On behalf of your union brothers and sisters trying to negotiate a contract that ALL of us can prosper under ...I'd like to thank you for doing your part.
Oh yah...And, LET THEM EAT CAKE!