Tax Deal Finalized

Senior Senate Republican aides tell NRO that the tax side of the fiscal-cliff deal has been finalized. Here’s a sketch of the framework: — Current tax rates would be permanently extended for singles making $400,000 or below, and permanently extended for couples making $450,000 or below — For singles, capital gains and dividends of $400,000 or below would be permanently taxed at 15 percent; capital gains and dividends above $400,000 would be permanently taxed at 20 percent

Topics:  senior senate republican   nro    current    for   tax   deal   finalized   permanently   percent   gains   dividends   capital   singles   making   extended   
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