The Dangers of Raising Taxes on Investment Income

The Dangers of Raising Taxes on Investment Income: "In its fiscal year 2013 budget proposal, the Obama administration has proposed a series of tax law changes designed to raise more revenue from higher income earners.  Most crucial among these changes are the famed Buffett Rule, which would raise marginal rates on high-income earners, and increases in tax rates on capital gains and dividends earnings, says Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute."

'via Blog this'