Personal Finance Advice and Commentary

Tuesday, February 14, 2012 5:48 pm
By Judy Martel · Bankrate.com

President Obama’s proposed 2013 budget is asking a lot of the rich — specifically, $1.4 trillion in new tax burdens. The $3.8 trillion budget proposal  includes higher tax rates for couples making at least $250,000 and individuals earning at least $200,000. Dividends for these Americans would be taxed as ordinary income — a whopping increase