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Taxation & Estate Planning

: TaxProf Blog

Senate Democrats to Propose Raising Taxes on Capital Gains, Dividends, and Interest to Fund Health Care Reform

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Bloomberg reports that Democrats on the Senate Finance Committee are considering embracing a proposal put forth this week by Citizens for Tax Justice to applying the 1.45% Medicare tax to capital gains, dividends, and interest to fund health care reform, coupled with a 2.5% surtax on incomes over $200,000 (single)...

Full post as published by TaxProf Blog on July 10, 2009 (boomark / email).

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