Tax Executives Expect Obama Reelection: This Means Higher Tax Rates For The Rich

A recent survey of 180 tax executives from large
corporations and major trade associations show 68% believe President Obama will
be reelected. Will his re-election mean higher tax rates on the wealthy and on
corporations?

Tax Survey Results:

  • 85% indicated President Obama’s tax policies are and
    would continue to be much less favorable for business than that of a Republican
    president.
  • 67% of the 180 tax executives said Mitt Romney’s
    election would cause the “most favorable tax policy for business income”.
  • 40% of the tax executives said the part of Obama’s Revenue Proposal in the
    fiscal year 2013 budget
    that concerned them the most is the Administration’s
    proposed increases in individual income tax rates for the wealthy.

To engage in sophisticated tax planning both for
individuals and corporations contact the Los Angeles tax attorneys at Givner
& Kaye. (310) 207-8008

To engage in sophisticated tax planning both for individuals and corporations contact the Los Angeles tax attorneys at Givner & Kaye. (310) 207-8008

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Bruce Givner

Licensed since 1976

Member at firm Givner & Kaye A Professional Corporation

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Bruce Givner

Licensed since 1976

Member at firm Givner & Kaye A Professional Corporation

AWARDS

AV Preeminent

RECENT POSTS