According to Jim Cramer, should Obamacare pass, income tax rates will jump into the 50-60% range, it will "break the [federal] budget" and will likely cause capital gains and dividends to be taxed at the income tax rate. Do I need to tell you what the tax increases alone would do to our economy? It's important to note that these are not included in the CBO analysis of the bill, they are the professional opinion of investor, Jim Cramer.
H/T: Mark Finkelstein @ Newsbusters
Please take the time to comment! Click the Comment Link adjacent to the Post Title.
0 People Have Had Their Say:
Post a Comment