Universal HealthcareBy NextBestFit
Phase 1: Enactment & build · Step 1.12

Set up the new taxes

Months 0–18 · Treasury, IRS, SSADiscuss this step
← All system changes for this step

Top-end surtax, capital-gains change, financial transactions tax (new)

newYear 1Federal tax code
Today

Top rate 37%; long-term capital gains 20% (+3.8% NIIT).

Under the plan

7% surtax above $1M AGI; gains and dividends taxed as ordinary income above $1M; 0.1% FTT.

Trade-off

Progressive but volatile and avoidance-prone revenue.