The Coming Obama Tax Increases - Part 4

Warning: "In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011."

Higher tax rates on savers and investors

The capital gains tax will rise from 15 percent this year to 20 percent in 2011. The dividends tax will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.

So much for that pledge. As I have said before America...you get what you vote for, and this can certainly be classified as "change".

More to follow....

Source: Americans for Tax Reform