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What if the Bush Era Tax Cuts Expire 12/31/2012

If the Bush Era Tax Cuts Expire at the end of the year each American will shell out a additional $5,700 a year.On top of that, the top tax rates will increase from 35 percent to 39.6 percent.The capital gains rate will jump from 15 percent to 20 percent while dividends also would revert to a higher rate.Also our economy would spiral into a deep recession.

6 Comments to What if the Bush Era Tax Cuts Expire 12/31/2012:

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Alexandre on Wednesday, October 17, 2012 2:01 AM
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