Posted on 06/23/2010 12:04:12 PM PDT by Andrea19
...One provision that's getting a lot of notice is the tax hike on pensions, charities, and colleges (the "carried interest" tax hike).
This version of the Senate bill raises the tax rate on these capital gains even higher than the original version did. Under the Senate bill, a portion of capital gains from some investment partnership profits will be taxed as ordinary income. What portion depends on the year, and whether the asset in question was held for at least five years. Here's the percentage of capital gain which will be wrongly treated as ordinary income...
Read more: http://www.atr.org/new-senate-tax-extenders-billbr-even-a5095#ixzz0rhiH6fTg
(Excerpt) Read more at atr.org ...
Help promote Conservative activism here & here & here & here
A tuition hike is just around the corner for you student Obama supporters.
I though that if graduates worked for the gubmint their school bills would be forgiven
EVERY word out of marxist mouths are LIES.
Socialism, communisim, marxism equal SLAVERY for the people.
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