News Headlines Article

Health care law’s tax hikes are coming: Who pays?
San Francisco Chronicle

Who gets thumped by higher taxes in President Barack Obama’s health care law? The wealthiest 2 percent of Americans will take the biggest hit, starting next year. And the pain will be shared by some who aren’t so well off — people swept up in a hodgepodge of smaller tax changes that will help finance health coverage for millions in need. For the vast majority of people, however, the health care law won’t mean sending more money to the IRS.