From Newsmax:
Even if Congress does nothing, tax hikes will hit hard a year from now, says Pete du Pont, Chairman of the National Center for Policy Analysis and a former Governor of Delaware.
The estate tax, which fell to zero this year, will return, the top personal income tax rate will rise from 35 to 39.6 percent, the dividend tax rate will go from 15 to 39.6 percent and the capital gains tax rate will rise from 15 to 20 percent.
“If the House health care bill had passed, all three of these rates would have risen to 45 percent,” Du Pont writes…
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