Geithner: Dividends, Cap Gains Taxes Will Remain at 20%
The Obama administration hopes to keep the top tax rate on dividends and capital gains at 20 percent, Treasury Secretary Timothy Geithner told the "Kudlow Report" on Wednesday.
"We're going to make sure that we keep at 20 percent the existing rates on dividends and capital gains," Geithner said. "We think that's good policy." The Treasury secretary also said the economy is “healing” and the recovery so far looks “very encouraging.”
Posted on July 8, 2010
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