On the recordFebruary 13, 2012
if there are no actions by the end of this year, ordinary income and dividends will face a top tax rate of 39.6 percent, and the capital gains rate will rise to 20 percent.
Source
congress.govOrrin Hatch: “if there are no actions by the end of this year, ordinary income and dividends will face a top tax rate of 39.6 percent…”
Editor's note · Context
Hatch warns about impending tax rate increases without Congressional action.
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