Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Quality Assurance Manager

Bates & Company
(Remote / Winter Park FL)

Bates & Company logo

Retirement Plan Documents Specialist

Loren D. Stark Company
(Remote)

Loren D. Stark Company logo

Distribution \ Loan Clerk

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Compliance Analyst

Pentegra
(Remote / West Harrison NY)

Pentegra logo

DC Plan Administrator

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Jr Retirement Plan Administrator/ Administrative Assistant

Hochheiser Deutsch & Co, Inc.
(Melville NY)

Hochheiser Deutsch & Co, Inc. logo

Retirement Plan Consultant

Carpenter Morse Group
(Remote)

Carpenter Morse Group logo

Employee Benefits and Executive Compensation Associate Attorney

Verrill
(Portland ME / Boston MA)

Verrill logo

Executive Compensation Lawyer

Trucker Huss, A Professional Corporation
(Remote / San Francisco CA)

Trucker Huss, A Professional Corporation logo

Retirement Plan Administrator (TPA)

Retirement Plan Consultants
(Remote)

Retirement Plan Consultants logo

Relationship Manager

Compass Retirement Consulting Group, Inc.
(Remote / NH)

Compass Retirement Consulting Group, Inc. logo

Retirement Plan Legal Specialist

Pentegra
(Remote / West Harrison NY)

Pentegra logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Case for Repealing the Investment Income Tax: Let Me Count the Whys
Alvin D. LurieLink to more items from this source
[Opinion]
Feb. 19, 2015
"Section 1411 of the Internal Revenue Code was inserted into the income tax system unannounced as an income tax. On the contrary, it was named as if it were a part of Medicare, and placed within the second of the two distinct acts which together have come to be called, colloquially, the Affordable Care Act.... [N]one of the proceeds of the tax are dedicated to the purposes of the [ACA], none of those revenues flows into the Medicare funds or contributes to Medicare in any way (its nomenclature as a 'Medicare contribution' notwithstanding), nor would section 1411 in any way impact the heath care provisions of the ACA were the tax to be repealed or ruled unconstitutional.... Little has been said in the legal literature, let alone in the broad press, op-ed commentary or public print generally, of the enormous complexity that this new statute has injected into the tax law of the Nation, and the inevitably resultant errors that will abound in all the places where its application will occur."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2023 BenefitsLink.com, Inc.