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During the campaign, Obama said he would raise taxes on capital gains, dividends, and high earners.(The Week)(Barack Obama)(Brief article)

National Review

| December 01, 2008 | COPYRIGHT 2008 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

During the campaign, Obama said he would raise taxes on capital gains, dividends, and high earners. People with high incomes would see their income-tax rates go from 35 to 39.6 percent, with an additional 2 to 4 percent tax imposed to finance Social Security. If we are lucky, the weakness of the economy will have the one good effect of staying Obama's hand. If you were designing tax increases to exact ...

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