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Politics

: Boozman Blog

Who Will Pay for President Obama?s Tax Increases?

By Congressman John Boozman

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According to the President?s fiscal year (FY) 2010 budget blueprint, wealthy taxpayers will indeed pay a higher tax rate on the income they derive from wages and salaries, taxable interest, business income, capital gains, dividends, and retirement income. President Obama proposes reinstating the 36 percent and 39.6 percent rates (up from 33 percent and 35 [...]

Full post as published by Boozman Blog on May 28, 2009 (boomark / email).

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