Obama's Trojan Horse: 3.8% Medicare Surtax? No Free-Standing Second Income Tax? Yes A Well-Kept Secret? You Bet (PDF)
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In part, the Affordable Care Act created an entirely new income tax in the form of what has been labeled the "Unearned Income Medicare Contribution." The flagrant mislabeling of this tax (IRC Sec. 1411) in the legislation has kept it from public scrutiny and avoided repeal attempts. This Emerging Issues Analysis examines the history and implementation of this "Medicare surtax."
President, Alvin D. Lurie, P.C. (New York); Chairman, 1999–2014 N.Y.U. Review of Employee Benefits and Executive Compensation; Recipient, Lifetime Employee Benefits Achievement Award of Employee Benefits Committee, Tax Section, American Bar Association; First Assistant Commissioner of Internal Revenue appointed under ERISA 1974–1978; General Editor, Federal Income Taxation of Retirement Plans (LexisNexis 2008); Former chairman, Special Committee on Pension Simplification, N.Y.S. Bar Association; Author, Lurie's Commentaries on Pension Design, other treatises and technical writings; Member Editorial Board, LexisNexis Federal Tax Library.
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An authoritative analysis of important cases, codes, statutes, rulings, emerging issues or legal topics is available now - through LexisNexis Emerging Issues Analysis. The brain trust of LexisNexis authors - thousands of recognized authorities who develop the respected Matthew Bender®, Mealey's and Martindale-Hubbell® treatises and articles - produce this highly specific content. Each commentary covers an important case, code, statute, ruling or emerging issue such as subprime, nanotechnology, or climate change. More current and concentrated than treatises and more analytical than news, Emerging Issues Analysis bridges the information gap between the two, providing quick expert analysis of current developments in law.
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