Thursday, October 4, 2012

Review & Outlook: Obama vs. Volcker, Et Al. - WSJ.com

Review & Outlook: Obama vs. Volcker, Et Al. - WSJ.com: "Mr. Obama claims he too wants to cut the corporate rate to 28%, but in return he'd raise numerous other taxes. That doesn't include his plans to raise the capital-gains tax rate to 23.8% from 15% and the dividend tax to nearly 45% from 15%. All of this would make the overall combined U.S. tax on corporate profits in 2013 close to 60%, about the highest in the world. If Mr. Obama wants to bestow the title of Outsourcer in Chief, he's the man."

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