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Big changes may be in the offing. Absent congressional action, on January 1,
2011: the 33% and 35% individual tax brackets will increase to 36% and
39.6%; the maximum tax rate for long-term capital gains will rise from 15%
to 20% for most taxpayers; and dividends will be taxed at the ordinary income
tax rates (as high as 39.6%) instead of the ...
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Interesting article about homeowners who are struggling but not distressed. Lower interest rates, tax credits and falling prices have not helped when it comes to buying a home for many struggling homeowners. From 2005 thru 2008 more households are spending greater than 30% of their income for housing. Costs of home ownership have risen,and with ...