United States. Congress

“ General rule.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to— `` (1) 1 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $350,000 but does not exceed $500,000, `` (2) 1.5 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $500,000 but does not exceed $1,000,000, and `` (3) 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000. ”

“ Citizens and residents living abroad.—The dollar amounts in effect under subsection (a) (after the application of subsections (b) and (e) ) shall be decreased by the excess of— `` (A) the amounts excluded from the taxpayer’s gross income under section 911, over `` (B) the amounts of any deductions or exclusions disallowed under section 911 (d) (6) with respect to the amounts described in subparagraph (A) . `` (3) Charitable trusts.—Subsection (a) shall not apply to a trust all the unexpired interests in which are devoted to one or more of the purposes described in section 170 (c) (2) (B) . ”

“ Study of Federal health reform savings.—The Director of the Office of Management and Budget shall conduct a study of the reductions in Federal expenditures during fiscal years 2010 through 2019 which are attributable to the provisions of, and amendments made by, division B of the America’s Affordable Health Choices Act of 2009. ”