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Exclusive: Breaking News – New Deal Extends Bush Tax Cuts for 2 More Years October 6, 2010

Posted by Admin in News.
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*** This is a breaking news alert from The Mangru Report ***

Our sources in Washington D.C. have just informed us that Republican Minority Leader Rep. John Boehner has reached an agreement to extend the Bush tax cuts across the board for an additional two years. The vote on the measure will be taken before the election.

Keeping the Bush tax cuts in place for all Americans keeps the personal income tax brackets from rising roughly 5% for all income classes, but more importantly keeps capital gains taxes and dividend taxes at 15% instead of raising them to 20% and 39.6% repsectively.

For the latest updates on this situation check back on The Mangru Report website www.themangrureport.com or sign up ABSOLUTELY FREE for our insider’s club on the right hand side of our website by entering your email address, so that you can have breaking news updates delivered right to your inbox.

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