Quote:
Originally Posted by Direckshun
Actually, the Tax Policy Center just a few days ago said the Clinton rates on high income earners would net $849 billion. |
That includes more than just returning top marginal rates to Clinton era levels. It also includes things like changes to cap gains and dividend treatment. (see items C, D, and E in the chart I linked).
According to
John Hinderaker of Powerline, the Joint Committee on Taxation comes up with a number even lower than my estimate:
Quote:
|
The Joint Committee on Taxation has done the math. Raising the top two rates as proposed by Obama would increase revenue by $22.35 billion in FY 2013, assuming that no economic activity is deterred by the higher rates.
|
That's for a full return to Clinton rates.
__________________
Obamacare’s fix for an American health care system that the federal government long ago broke, is to give the federal government far more power over American health care; that its solution to escalating health costs is to mandate greater health benefits (and, hence, higher costs); and that its solution to the pricey overreliance on pre-paid health plans — offered by insurance companies in lieu of real insurance — is to have the government require Americans to buy those pre-paid health plans under penalty of law.