BRADY: President Advocates Increasing Individual Income Tax Rates...

width=188Texas Insider Report: Washington D.C. President Obama advocates increasing individual income tax rates boosting taxes on capital gains and dividends and imposing more taxes on American companies successfully selling American-made goods & services overseas. Tuesdays JEC hearing will examine the empirical evidence on how changes in the taxation of capital such as those that width=147President Obama has proposed would affect business investment and therefore economic growth & job creation."   Cong. Kevin Brady (R-TX) Vice Chairman of the Joint Economic Committee (JEC) and a senior member of the House Ways & Means Committee who will preside over the Tuesday April 17 2012 hearing.

Further details by clicking here.    

How taxation of capital affects growth and employment is the focus. The time & location are Tuesday April  17 2012 at 10:00 am in the Hart Senate Office Building Room 216. In preparation for the hearing Brady noted
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In previous JEC hearings we have shown a strong relationship between changes in business investment in buildings equipment & software and changes in private sector job growth."

The following persons are scheduled to testify:
  • Jane Gravelle Ph.D. Senior Specialist of the Government and Finance Division at the Congressional Research Service.
  • Kevin Hassett Ph.D. Senior Fellow and Director of Economic Policy Studies at the American Enterprise Institute.
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