Is The N.I.I.T. An Income Tax, A Social Security Tax, Or Neither? Double Taxation Of Income Hangs In The Balance - Tax Authorities
Congress enacted the N.I.I.T. in 2012 as part of a 2010 law amending the Affordable Care Act ("A.C.A."), more popularly known as "Obamacare." Its creation corresponded to a 0.9% increase...
Source: mondaq.com