It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by ProtoplasmicTraveler
However any citizen who kept himself armed and equipped and prepared to fight to defend the country was exempt from the Tax since he had already taken it upon himself to make himself battle ready and was prepared to sacrifice life and limb for the war effort.
Just as any citizen today who keeps and maintains health insurance is exempt from extra taxes.
Clint Stretch, the managing principal of tax policy for Deloitte Tax, LLP, says Obama intends to raise approximately half of the bill’s cost, $400 billion over the next decade, by raising taxes on what the president calls “top earners.” A quarter of the bill’s cost will be raised through an excise tax on the health insurance industry. And the balance will come through new fees assessed on targeted industries, including pharmaceutical manufacturers and importers, medical device manufacturers, and indoor tanning salons.