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Then call in the bomb squad

March 23, 2010

Howard Gleckman at TaxVox:

I have never quite seen a law so full of powerful tax bombs attached to delayed fuses. The two biggest: A stiff new Medicare tax on high-earners that does not bite until 2013 and a tax on high-cost health insurance that does not kick in until 2018—long after the end of an Obama second term, if he has one.

Let's hope they defuse this bomb before anybody gets hurt.

Tags: Obama Tax Policy.Obamacare.

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