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Politics : How Quickly Can Obama Totally Destroy the US? -- Ignore unavailable to you. Want to Upgrade?


To: joseffy who wrote (710)1/1/2013 9:09:01 PM
From: Hope Praytochange  Read Replies (1) | Respond to of 16547
 
WHAT THE DEAL INCLUDES

Published: Tuesday, Jan. 1, 2013 - 12:00 am | Page 12A

http://www.sacbee.com/terms-of-service

The scaled-back package, which would raise about $600 billion in new revenue over the next decade from the wealthiest 2 percent of households, would also:

• Extend unemployment benefits for 2 million Americans.

• Prevent about 30 million taxpayers from having to pay the alternative minimum tax.

• Keep Medicare payments to doctors at the current rate.

• Extend tax credits for children and college tuition.

• Provide tax breaks to clean-energy companies.

• Raise the estate tax, but significantly less than Democrats had wanted. The value of estates over $5 million would be taxed at 40 percent, up from 35 percent.

• Taxes on capital gains and dividends would remain the same, 15 percent, for most taxpayers, but they would climb to 20 percent for top earners.