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Mr Obama would raise taxes on capital gains, dividends and incomes over $250,000 a year.
Both reports called for equal taxes on capital gains, dividends and ordinary income like wages.
But he sharply criticized higher rates on capital gains, dividends and the highest incomes.
Other types of income, like capital gains, dividends and interest, would be exempt from taxation.
Hence their perennial efforts to lower taxes on capital gains, dividends and corporate profits.
Taxes on earnings, capital gains, dividends and interest, all of which may distort decisions about working and investing, would disappear.
Similar(13)
But in a time when investors are questioning the quality of corporate earnings and prospects for stock-price gains, dividend-paying stocks have new respect.
Bildt's tax reform also established capital gains, dividend and net interest income as special income categories, taxable at 30%.
Another consideration involves long-term capital gains and dividends.
Should capital gains and dividends be treated like ordinary income?
George W. Bush slashed the rates on capital gains and dividends.
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