John Edwards: Corporate Responsibility

Create A Tax Code That Reflects Our Values
"Edwards will make the tax rate for the unearned income of the wealthiest 1 percent equal to the top income tax rate on earned income for middle-class families consisting of teachers, nurses, and secretaries. Edwards will set the top rate on capital gains at 25 percent for people earning over about $300,000, less than the top 1 percent of Americans.

Edwards will also repeal the Bush tax cuts that benefit only the top 2 percent of Americans, including the new top two tax rates on income, and the new rates on income from dividends and capital gains for the wealthiest 2 percent of Americans. Only those earning about $200,000 or more are in the top two income tax brackets. In addition, Edwards will retain the tax on very large estates."