Highlights of the New Tax Deal
- 39.6% Tax Rate for Incomes Above $400,000 ($450,000 for Families)
- All Other Bush-Era Tax Rates Extended
- 20% Maximum Capital Gains/ Dividend Tax Rate
- Maximum 40% Estate/ Gift Tax Rate
- Permanent AMT Patch
- Five-Year Extension of Enhanced Education Credit
- One-Year Extension of Many Business Extenders
- Over 30 Extenders Retroactive to Start of 2012