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While it has no chance of passage, the GOP 2013 budget, details of which have been leaked by the WSJ , proposes slashing corporate and individual tax rates, collapsing the current six tax bracket system into just two tiers (10% and 25%), lowering top corporate tax rate to 25% and scrapping the anachronism that is the AMT, or Alternative Minimum Tax. Finally, the proposed plan would nearly eliminate… Broadcasting platform : YouTube Source : zero hedge Discovery Date : 19/03/2012 18:15 Number of articles : 2
Republican Budget Would Slash Taxes, Establish Two-Bracket Tax System And Scrap AMT
