Rift, rather the chasm, separates parties on investment-income taxes
Although a chasm separates Democrats and Republicans over most of the Bush tax cuts, the difference between them on taxation of investment income is more of a rift. Democrats are seeking a 20% rate on dividends and capital gains, while the GOP wants to set it at 15%.
Although a chasm separates Democrats and Republicans over most of the Bush tax cuts, the difference between them on taxation of investment income is more of a rift.
Earlier this week, the staff of Rep. Sander Levin, D-Mich., ranking member of the House Ways and Means Committee, issued a “f
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