Extend the Bush tax cuts, Martin Feldstein says. "Congress should vote now to extend all of the...

|By:, SA News Editor
Extend the Bush tax cuts, Martin Feldstein says. "Congress should vote now to extend all of the current tax rates for two years, including the tax rates on dividends, interest and capital gains... A tax increase next year could easily derail the current fragile expansion." But combined taxes at all levels consumed 9.2% of all personal income in 2009, the lowest rate since 1950.