Yesterday Ezra Klein, at the Washington Post, wrote a piece that’s gotten a lot of attention. (emphasis added throughout post) The fiscal cliff deal comes clearer: a 37% top tax rate and a higher Medicare eligibility age Right now, the fiscal cliff negotiations are proceeding on two tracks. One track includes the press releases, public [...]
Tag Archives | tax rates
Biden: Tax Rates for Top Earners Have to Rise, But There’s Room to Deal
At a lunch meeting today, VP Biden said that while the Obama administration is firm that tax rates for those in the upper bracket must go up, how high that rate goes is “negotiable.” From Buzzfeed: ‘There are two irreducible minimum requirements for us,’ Biden said at a lunch with Americans who would be affected [...]
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