Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
GET INVOLVED
ATR ON TWITTER
FOLLOW US-
The Education and Workforce Committee holds hearing on NLRB "Recess" Appointments http://t.co/2ED4u4t8
February 08, 2012 03:47 PM
taxreformer -
Senate Highway Bill Violates Taxpayer Protection Pledge http://t.co/z7IETuQT
February 08, 2012 11:02 AM
taxreformer -
OK Gov. Mary Fallin Releases Bold Tax Reform Plan http://t.co/oRPWYGKb
February 07, 2012 06:02 PM
taxreformer -
Senator Hatch looks to improve the Senate's Highway Bill http://t.co/rOZQENlQ
February 07, 2012 04:47 PM
taxreformer -
Senator Hatch tries to make a bad bill better http://t.co/F6VYT9NI
February 07, 2012 03:32 PM
taxreformer -
ATR Opposes Retroactive Tax Hikes http://t.co/XX2lRMyH
February 07, 2012 11:02 AM
taxreformer -
Has your Governor Issued a Proclamation Honoring Ronald Reagan on Feb 6th ? http://t.co/bHatxoTg
February 06, 2012 05:16 PM
taxreformer -
RT @timothy_stanley: Just interviewed @GroverNorquist. Flipped my view of the recession/election: recovery due to stopping Obama tax hik ...
February 06, 2012 04:46 PM
timothy_stanley -
RT @GroverNorquist: Reagan Birthday proclamations by 34 Governors, both R and D (Utah & Nevada just joined) 16 bitter D Govs fail test o ...
February 06, 2012 04:45 PM
GroverNorquist -
CoGC: House Republicans Lead on Budget Honesty http://t.co/wHJpzOC1
February 06, 2012 03:31 PM
taxreformer
Email
Print
What Would Investment Tax Rates Be
Under the House Reconciliation Bill?
If the House votes for the rule on the budget reconciliation bill this Sunday, the Senate's Christmas Eve healthcare bill gets sent to President Obama's desk and becomes law.
That's the main fight right now.
However, it pays to look ahead to the House's suggested "improvements" to the Senate healthcare bill which are contained in the reconciliation bill. One of these "improvements" is a 3.8% surtax on "unearned" (investment) income in households making more than $250,000 ($200,000 for singles).
What would the various top tax rates on investment income rise to under this "improvement?"
| Capital Gains | Dividends | Other* | |
| 2010 | 15% | 15% | 35% |
| 2011-2012 (current law) | 20% | 39.6% | 39.6% |
| 2011-2012 (Obama budget) | 20% | 20% | 39.6% |
| 2013- (current law) | 23.8% | 43.4% | 43.4% |
| 2013- (Obama budget) | 23.8% | 23.8% | 43.4% |
*Other unearned income (for surtax purposes) includes gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.
