When was the last time taxes were raised BESIDES this year?


taxation history of united states wikipedia, free encyclopedia

http://en.wikipedia.org/wiki/taxation_hi...

united states' corporate tax rate @ highest, 52.8 percent, in 1968 , 1969. top rate hiked last time in 1993 current rate of 35 percent

end of 1990s , beginning of present century heralded major reductions in taxing income gains on capital assets. lower rates 18-month , five-year assets adopted in 1997 taxpayer relief act of 1997.[61] in 2001, president george w. bush signed economic growth , tax relief reconciliation act of 2001, law part of $1.35 trillion tax cut program.
in 2001, president george w. bush proposed , congress accepted eventual lowering of top marginal rate 35%. however, done in stages: highest marginal rate of 39.1% 2001, 38.6% 2002 , 35% years 2003 through 2010.[43] measure had sunset provision , scheduled expire 2011 tax year, when rates have returned adopted during clinton years unless congress changed law;[44] congress did passing tax relief, unemployment insurance reauthorization , job creation act of 2010, signed president barack obama on december 17, 2010.
hope find above enclosed information useful. 02/26/2013



Business & Finance Taxes United States Next



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