Quote:
Originally Posted by slapass
"The top tax rates on capital gains and dividends would go up to 23.8 percent, from 15 percent last year. The new rate includes a 3.8 percent tax from the 2010 health-care law that took effect today. "
http://www.bloomberg.com/news/2013-0...ouseholds.html
Great we have two different answers. |
I just pasted the section addressing his specific question regarding capital gains.
They have wrapped up several other increases that will get padded on, health care tax, payroll tax, the "Pease" provision will be revived for couples earning over $300k and individuals earning over $250k taking away nearly 80% of tax deductions for things ranging from charitable deductions to mortgage interest deductions... this "deal" will effect just about everyone, not just the wealthy.