tag:blogger.com,1999:blog-7895164153505105997.post3939197034541078586..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: Corporate Welfare Fuels CEO PayBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7895164153505105997.post-51084228202557387132014-03-05T11:33:37.430-08:002014-03-05T11:33:37.430-08:00UPDATE:
The Bush tax cuts expired on January 1, 2...UPDATE:<br /><br />The Bush tax cuts expired on January 1, 2013 -- so the capital gains tax rate went back up from 15% to 20%. I believe that ObamaCare added a 3.8% surtax to capital gains to help expand Medicaid, so it's 23.8%, not 23.38%<br /><br />But either way, it's still lower than the top marginal rate of 39.6% on income over $400,000 ($450,000 for married couples). And capital gains is also exempt from any Social security taxes, while 95% of all wage earners pay this tax on 100% of their earnings.<br /><br />>>> Read >>> Taxes: How Congress Lets the Rich Pay Less <br /><br />http://bud-meyers.blogspot.com/2013/09/taxes-how-congress-lets-rich-pay-less.htmlBud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com