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Life Health > Health Insurance > Health Insurance

Who’s going to pay for health reform’s taxes?

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Connie Cass points out that the Patient Protection and Affordable Care Act of 2010 (PPACA) will start pushing the 2% of Americans with the highest incomes to start sending more tax money to the federal government starting next year.

Top earners could be paying about $318 billion in extra taxes over a decade, according to some estimates.

But, apparently, a majority won’t be paying higher taxes as a result of PPACA in the next couple of years, and about 20 million Americans could start getting PPACA health insurance purchase tax credits starting in 2014. 

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