Some folks will see a 74% increase in the tax rates in 2013-(from the WSJ)

By elitecpas | July 6, 2012 | Comments Off on Some folks will see a 74% increase in the tax rates in 2013-(from the WSJ)

We’re not kidding about the higher part as the new capital gain rates (remember the “capital” in capitalism). Just put your mouse over the picture to see proof that capital gains could go as high as 25% in 2013 ( a 67% increase)! The Wall St Journal says it best in their July 2, 2012…

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