[C19fan]

A new 3.8 percent tax would be imposed on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.

Payroll taxes like Medicaid, SS, and Medicare have never been imposed on wage income before; people like Breck Edwards set up S-Corps to avoid these taxes. This makes them juick targets for socialists to fund their utopian dreams. This will break the dam and I expect eventually the FICA and other payroll taxes be applied to investment income.

[C19fan]

Payroll taxes like Medicaid, SS, and Medicare have never been imposed on wage income before

Should read:Payroll taxes like Medicaid, SS, and Medicare have never been imposed on non-wage income before

[rabscuttle385]

Payroll taxes like Medicaid, SS, and Medicare have never been imposed on wage income before

You mean investment income, right?