The current rate is 35%. Obama's plan will lower most business's rate to 28% and for domestic manufacturers (define?) the rate will be 26%. But there are increases on other taxes like dividends (hello retired people) and some sort of minimum tax on income taken as something other than income.
MMC (02-22-2012)
It looks like they are going to make life insurance policies taxable now. Not sure if your spouse is the beneficiary though.
The old shell game.
Let's see, even with the lower corp rate, the combination of the two goes as high as 60 percent. Hey, that should be great for encouraging people to create jobs in America, eh?
Liberals never learn.
The eastern world, it is exploding, violence flaring bullets loading. you are old enough to kill , but not for voting, this whole crazy world is just to frustrating, and you tell me over and over and over again my friend, you don't believe we are on the EVE of DESTRUCTION.
Never approach a bull from the front, A horse from behind, or a fool from any direction.