”Congress should act this year to keep capital gains and...
"Congress should act this year to keep capital gains and dividend taxes low and linked,” the Alliance for Savings and Investment wrote President Barack Obama last week. The alliance includes USTelecom, AT&T, Verizon and other major phone companies. If Congress…
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fails to act this year, the maximum capital gains tax rate will rise 33 percent and dividend taxes “for many individuals” will increase nearly 164 percent, the alliance said. “These tax increases would have a stifling effect on our nation’s economic recovery.”