The bipartisan deficit reduction commission chaired by Erskine Bowles and former Senator Alan Simpson (R-WY) proposed eliminating preferential tax rates for capital gains and dividends while reducing the top income tax rate to 28 percent.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (1)

• capital gains concept