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To: robert b furman who wrote (47833)5/14/2010 12:22:47 PM
From: willcousa  Read Replies (1) | Respond to of 95503
 
Those are just the taxes. Wait until you see the increases in healthcare costs, starting with higher medicare and other insurance premiums.



To: robert b furman who wrote (47833)5/14/2010 12:34:04 PM
From: w0z  Read Replies (1) | Respond to of 95503
 
Capital gains taxes would go from 15% in 2010 to 23.8% in 2013 (20% rate + 3.8% Medicare):

The first-time Medicare tax on investment income would start in 2013. It would push tax rates on capital gains and dividends that year to 23.8 percent for high-income people if Congress goes along with Obama’s proposal to let those rates rise to 20 percent in 2011 from the current 15 percent. It would be the highest rate for long-term capital gains since 1997.

businessweek.com