House Democratic leaders introduced a healthcare bill that would charge significant tax increases to high income individuals.

One of President Obama's prized reform has been proposed by the Democratic House on Tuesday. This bill is suppose to help "fix" our health system by reducing costs and covering approximately 97% of Americans with health care benefits. How will this be reached? Part of the answer is to signigicantly increase taxes to the high income individuals:
- Additional 1.0% tax increase for couples earning > $350K
- Additional 1.5% tax increase for households earning > $500K
- Additional 5.4% tax increase for individuals earning > $1 million