The United States as “robbing the rich to remain rich,” the dilemma
Posted on | October 12, 2010 | No Comments
“If you rich in the United States, I see you next year’s tax bill -. careful to apply the policies of Obama,” This is a recent American television, “warning” the United States, “the rich” often is the state of the message. Obama’s former U.S. President Bush because of the rich and tax cuts expire at the end of this year’s U.S. high-income group (annual salary of $ 250,000 or more) sets can increase the personal income tax.
Recently the U.S. Treasury Secretary, “a cruel put it,” managed to get worried about because the higher income groups to the expiration of the Bush administration’s tax cuts are scheduled for an extension of 700 hours, and if the policy could lead to the indefinite extension billion U.S. dollar deficit is expected to increase.
Since 2011, Obama’s budget, according to the United States with the highest income tax rate to 35%, Clinton 36% and 39.6% of the times and is currently at 33 percent. In addition, 15% to 20% was established in 2003 by the Bush administration and the tax deductions and capital gains and dividend tax exemption is limited to most of the budget.