Obama’s Plan to Raise Tax Rates

By: catoinstitute (Diary)  |  September 16th at 12:08 AM  | 

By Chris Edwards President Obama wants to raise the top two individual income tax rates for 2011. The top rates will rise from 33% to 36% and from 35% to 39.6%, unless the president and Congress agree to extend the current rate structure. Before taking action on this issue, policymakers should consider the following facts and data. (All information is cited in my related congressional | Read More »