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The American Saving, Economy Growning tax plan

Created by M.J. on December 03, 2012

The full tax plane can be viewed at

http://the-wonderful-world-of-economics.blogspot.com/2012/12/a-tax-plan-...

a brief over view of the plan

1. tax cuts for those making below $84,000 a year (and couples making less then $140,000) and progressive tax increase on those making over $379,150

2. more tax brackets (why tax someone making $300,000 the same as a millionaire?)

3. combine income tax and capital gains tax as one tax.

4. create a .005% transaction tax on stocks, options and derivatives.

5. Extend Angel Investor tax credit to cover LLCs

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