Skip to main content

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.

Related Posts

The Washington Report: February 5, 2021 … “The Lucy Theory of Politics”

Path Cleared For Relief Plan ... Vote-a-Rama ... What Goes Around Comes Around ... The...

The Washington Report: April 23, 2021 … “Move Fast & Fix Things”

Move Fast & Fix Things ... What's Keeping Congress Busy ... Teamwork Makes The Dream...

The Washington Report: March 19, 2021 … “Reflections, 75 Days In”

Friday Reflections, 75 Days In ... Dreamers & Farm Workers Path To Citizenship ... Biden...