Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (125903)	10/31/2012 6:35:45 PM
From: tonto	Respond to of 149317

Some earnings and facts have been excluded. An individual earning over $200,000 will have various increases... The numbers look intimidating at first. Obama would raise the tax rate from 33 percent to 36 percent on household incomes between $247,000 and $398,350. (The ceiling for individuals is $200,000.) Any earnings above that would be taxed at 39.6 percent, compared to the current top level of 35 percent. For those above that ceiling, tax rates on capital gains and dividends would also climb, a key change since many retirees and wealthy individuals derive their income from investments.