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November 04, 2009 at 07:00 PM
Limiting workers to $2,500 in flexible spending account contributions per year could generate about $13 billion in new tax revenue over a 10-year period, according to Joint Committee on Taxation analysts.
The analysts have published that figure in a table providing estimates of the effects of the “revenue provisions” in H.R. 3962, the Affordable Health Care For America Act bill.
The biggest proposed revenue raiser would be a 5.4% surtax on the incomes of individuals earning more than $500,000 per year and couples earning more than $1 million per year.
