While policymakers and the media have been focused on the looming tax increases in the so-called fiscal cliff, Americans will also face an avalanche of tax increases unless a comprehensive deal is achieved. A fresh ACI study of fiscal cliff effects via capital gain and dividend income tax rate increases revealed the likely loss of […]
dividend
Economic Effects of Higher Taxes
As talks continue in the fiscal cliff negotiations, one scenario that’s been discussed is raising taxes on capital gains and dividends. Currently, both capital gains and dividends are taxed at a rate of 15%. But if President Obama and Democratic members of Congress get their way, rates for capital gains could go as high as […]
Tax paper final
Arizona Capitol Times — ACI Op-Ed on Looming Tax Increases and Effects on Senior Retirements
You can read the article by clicking on this link.