Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (89209)	8/13/2010 1:58:13 PM
From: JakeStraw	3 Recommendations Read Replies (1) of 224750

Here is a short sampling of the tax hikes to expect if the democrats don't extend the Bush tax cuts... * 10% bracket reverts to 15% * 25% bracket reverts to 28% * 28% bracket reverts to 31% * 33% bracket reverts to 36% * 35% bracket reverts to 39.6% * Marriage penalty is reinstituted * Child tax credit cut from $1,000 to $500 per child * Dependent care and adoption care credits cut * Estate (death) tax returns at a rate of 55% on estates over $1 million * 15% capital gains tax reverts to 20% * 15% dividends tax reverts to 39.6%

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