Monday, January 5, 2004
Dean Will Increase Your Taxes!
The Dean Tax Hikes
The Club for Growth's Stephen Moore has a neat chart of the massive tax hikes Howard Dean and Dick Gephardt are proposing (the other Democrat candidates are proposing most, but not all, of these massive tax hikes):
Dean's Greedy Hand
Current Dean tax
Capital gains tax 15% to 20%
Dividend tax 15% to 39.6%
Income tax rate (highest) 35% to 39.6%
Income tax rate (middle) 25% to 28%
Income tax rate (lowest) 10% to 15%
Per child credit 10% to 15%
Marriage penalty Eliminated Reinstated
Death tax in 2010 0 to 55%
Source: Club for Growth
The Dean Tax Hikes
The Club for Growth's Stephen Moore has a neat chart of the massive tax hikes Howard Dean and Dick Gephardt are proposing (the other Democrat candidates are proposing most, but not all, of these massive tax hikes):
Dean's Greedy Hand
Current Dean tax
Capital gains tax 15% to 20%
Dividend tax 15% to 39.6%
Income tax rate (highest) 35% to 39.6%
Income tax rate (middle) 25% to 28%
Income tax rate (lowest) 10% to 15%
Per child credit 10% to 15%
Marriage penalty Eliminated Reinstated
Death tax in 2010 0 to 55%
Source: Club for Growth
