The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31019
Likes: 52363


I think it's pretty easy to get a tax hike on the rich passed. Obama


rolled back Bush's cuts to the top rate just 7 years ago and also implemented an ACA surtax on ordinary and investment income. I feel fairly certain we'll see the top 39.6% rate again within the next 8 years. I also wouldn't be surprised to see a higher rate on capital gains and dividends for higher income levels during that timeframe.

But you're right, none of this will be meaningful enough to stop the debt from growing, although it could make a slight dent in the rate of growth.

(In response to this post by WahooRQ)

Posted: 02/19/2020 at 1:33PM



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