Let the Bush Tax Cuts Expire
Allan Sloan, Fortune
That brings us to today's hot topic in our nation's capital: taxes. Specifically, whether to let the Bush tax cuts lapse on Jan. 1, which would make tax rates higher than now. The issue has produced so much hot air that we'd be well on our way to becoming a green nation if only we could harness it to create electricity. Alas, we can't.One of the areas where letting the cuts lapse would have the biggest impact is taxes on investment income, much of which goes to a relative handful of very-high-income people. Under President Obama's plan, dividends for "the...
http://www.realclearpolitics.com/2010/08/18/let_the_bush_tax_cuts_expire_239930.html
