Thursday, July 8, 2010
Geithner Offers Hope on 20%Tax Rate for Capital Gains, Dividends
Treasury Secretary Timothy Geithner said the White House wants to keep the top tax rate on dividends and capital gains at a proposed 20%. The rate is 15%, so 20% would be a large increase, but it would be less than the 39.6% rate congressional Democrats want for dividends.
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