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3/19/2007
110th Congress		 Democratic Tax Increases, Part III
If the Republican Tax Relief is not extended, what will happen when clocks strike midnight on December 31, 2010?		 Authored By:
Ways and Means Press Office
 

If the Republican Tax Relief is not extended, what will happen when clocks strike midnight on December 31, 2010?

 

2010

2011

The top tax rates move higher:

 

 

Ordinary Income…

35%

39.6%

Capital Gains…

15%

20%

Dividends…

15%

39.6%

Estates…

0%

55%

Child Tax Credit…

$1,000

$500

Lowest Tax Bracket…

10%

15%

 

 

 

 

 

 

 

 

 

 

 

 
 
 
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