123 Idaho - The best of western alternative media: A tax burden we cannot bear

Mar 14, 2009 Full story: 123idaho.blogspot.com
Guest opinion submitted by Idaho Senator Mike Crapo

On March 11, I reintroduced legislation to permanently extend the 15 percent tax rate (0 percent on those in the two lowest income tax brackets) on capital gains and dividends that was enacted as part of tax relief in 2003. I've introduced this legislation every Congress since 2005. This bill has even greater urgency now considering the President's budget proposal before Congress that will allow the tax rates on these investment earnings to rise to 20 percent for individual filers earning above $200,000, and couple filers earning over $250,000. Full Story
KayEllen

Bellingham, WA

#1 Mar 15, 2009
Why do we need legislation to extend this tax rate for lower income earners when Obama's proposal only raises the rate on earners of more than 250,000. Doesn't that mean the lower rate stays in effect for the lower earners?
jo jo jo

Anchorage, AK

#2 Mar 15, 2009
Don't worry, Mr'Giverment will save us !

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mike Crapo Discussions

Title Updated Last By Comments
U.S. housing bill passes Senate panel but unlik... May '14 Rem223 2
In Washington, Friends of Fannie, Freddie Are M... (Apr '14) Apr '14 Far Away 2
Support for Iran sanctions bill nears filibuste... (Jan '14) Jan '14 Jeff Brightone 1
IRS chief and Treasury knew about plan to use p... (May '13) May '13 Halito 8
Boise Immigration Rally Draws Hundreds, Call fo... (May '13) May '13 spytheweb 3
Sen. Mike Crapo pleads guilty to drunken driving (Jan '13) Jan '13 barefoot2626 9
Sen. Michael Crapo arrested on DUI in Virginia (Dec '12) Jan '13 Besara 23

Mike Crapo People Search

Addresses and phone numbers for FREE