Detailed text transcripts for TV channel - FOXNEWS - 20100320:22:14:00
Unfortunately, will make you sick. first thing we know, the top income tax bracket will most likely go to 39.6%, come next year and in addition you have the bush tax cuts going away and that means capital gains tax will go back up to 20% and dividend tax back up to 20%. then, let's add on now, the proposed 2.9%, medicare extension, i'm not sure what that has anything to do with your dividend investment an annuity income but we are proposing to put a 2.9% tax on that, as well, and now you are looking at capital gains of 22.9%, throw in what your state is doing, because they are broke, too, you ...