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Just a reminder of what McDowell-Kowalko Care would cost us 14 May, 2009

Posted by David Anderson in Healthcare, State, Tax Hikes.

From Senate Bill 177 of the 144th GA

Funding for the Delaware Health Security Act will be as follows:
All State and federal funds available for health and health care costs in Delaware.
Employer and employee graduated payroll tax of from 2% for self-employed individuals to 9% for businesses
with 50 or more employees.
A Health Security Tax of 2.5% on net taxable income for all heads of households and persons subject to Delaware’s income tax.
An additional Health Security income surtax on net taxable income of 2.5% for persons filing a Delaware income tax return in excess of $250,000. Married couples filing a joint Delaware income tax return shall pay an additional income surtax of 2.5% on net taxable income in excess of $500,000.



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