-Income tax rates: Extends decade-old tax cuts on incomes up to $400,000 for individuals, $450,000 for couples. Earnings above those amounts would be taxed at a rate of 39.6 percent, up from the current 35 percent. Extends Clinton-era caps on itemized deductions and the phase-out of the personal exemption for individuals making more than $250,000 and couples earning more than $300,000.
-Capital gains, dividends: Taxes on capital gains and dividend income exceeding $400,000 for individuals and $450,000 for families would increase from 15 percent to 20 percent.
Where to many with incomes over $400,000 receive their income? They'll still only be paying 20 percent.
I am interested in one and only one scoring and that is from the CBO.
I am so tired of SLICK government there are no words.
We don't need an agreement, the Middle Class that work for a living have it covered.
-Capital gains, dividends: Taxes on capital gains and dividend income exceeding $400,000 for individuals and $450,000 for families would increase from 15 percent to 20 percent.
Where to many with incomes over $400,000 receive their income? They'll still only be paying 20 percent.
I am interested in one and only one scoring and that is from the CBO.
I am so tired of SLICK government there are no words.
We don't need an agreement, the Middle Class that work for a living have it covered.
