Dems waffle on high-income tax; timetable cloudy
(NEWSER) - Democrats are growing queasy about their plan to tax the wealthy to help pay for health care reform, the New York Times reports. Nancy Pelosi yesterday suggested revising the contentious provision so that fewer households would have to pay the surtax. Under the current House draft, individuals earning more than $280,000, and couples earning more than $350,000 would have to pay. Pelosi wants those figures upped to $500,000 and $1 million. More»