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democrattotheend

(11,605 posts)

7. This is the first I am hearing 43.4%

Reply to Purveyor (Original post)

Wed Dec 12, 2012, 04:31 PM

Dec 2012

I thought the top rate would only go up to 39.6%. Does the 43.4% include the new Obamacare tax on the wealthy as well?

I am happy to see that President Obama is also pushing for higher rates on capital gains, estate taxes and dividends and not just the top income tax rate. The income tax rate is the least important, IMO, since most of the really rich people make more through capital gains.

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7 replies

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Highlight:

Wealthy Prepare for First Increase Since 1993: Taxes [View all] Purveyor Dec 2012 OP

Just a start... BanTheGOP Dec 2012 #1

Rich can't make a decision? upaloopa Dec 2012 #2

Boo hoo. GObamaGO Dec 2012 #3

<--------------- see this? HughBeaumont Dec 2012 #4

You make a very important point that needs to understood by all. nt ladjf Dec 2012 #5

+ 5 brazillion kestrel91316 Dec 2012 #6

This is the first I am hearing 43.4% democrattotheend Dec 2012 #7