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Just About A “Fait Accompli”

30 Nov 2012

Just About A “Fait Accompli”

(French for “done deal”) Taxes are going up for people making north of $250,000 — and most likely, tax rates, too. So what does the final tax hike look like? That will take a while to hash out, but those involved guess it will include a rate hike, higher taxes on carried interest and probably capital gains and dividends, and either a cap on total deductions or some form of a minimum tax rate for them.  Word is, the rate hike is going up, if not all the way to the Clinton-era 39.6%, then darn close.

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