Pre-empting Expected Tax Rate Increases

• Published in: Executive's Tax & Management Report Vol. 73; no. 7; p. 1
• Main Author: Redemske, Michael R
• Format: Trade Publication Article
• Language: English
• Published: Riverwoods CCH INCORPORATED 01.07.2010
• Subjects: Capital gains; Corporate tax planning; Growth stocks; Health care policy; High income; Income tax returns; Income taxes; Installment sales; Investments; Like kind exchange; Medicare; Tax cuts; Tax increases; Tax planning; Tax rates; Tax reform; United States > US

It is probably a good bet that tax rates are going to be higher in the future than they are today. Beginning in 2013, the employee's share of the Medicare tax will increase by 0.9 percent - from 1.45 percent of earned income to 2.35 percent of earned income - for certain high-income individuals...