President Obama’s fiscal year 2015 budget proposes to increase taxes on individuals by over $820 billion and on businesses by about $500 billion, for a total of over $1.3 trillion in new taxes over the next ten years....
- Video: Scott Hodge on CNBC: Are Capital Gains Taxes Going to Rise?
Video: Scott Hodge on CNBC: Are Capital Gains Taxes Going to Rise?
Tax Foundation President Scott Hodge appeared on CNBC's "Street Signs" on July 8, 2010 to debate whether the capital gains tax rate's possible increase from 15% to 20% would be too high. With the new 3.8% investment tax on high-income earners that was part of health care reform, the rate would be 23.8%.
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