Taxes on high earners: AMT redux?

April 8, 2015 12:58 AM

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Taxes on high earners: AMT redux?

The first of the newer taxes is the 3.8 percent net investment income tax, which couples earning more than $250,000 and individuals earning over $200,000 have to pay. They owe the tax on either their net investment income or their earned income over the threshold, whichever is less.

Then there is the 0.9 percent Medicare tax, which applies to couples earning over $250,000 and single filers earning more than $200,000.

Also read: Orders for U.S. Capital Goods Decline by Most Since February

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