It will surprise me to see any new taxes passed in an election year. Not with the Democrats in the majority and on the run already.

>The US next year will be at the 50% for the top level income tax. Because of the huge budget deficits, there has been a lot of talk about adding a VAT tax as well. Just adding to Jake's comment.
>
>I can hardly wait until the US follows suit. $13 trillion+ debt isn't going to pay itself.
>
>tick...tick...tick...
>
>
>>Another Huh?
>>
>>>Plus a 20% VAT tax coming to the US. !!
>>>
>>>>>Plus a 20% VAT tax!!
>>>>
>>>>Huh ?
>>>>
>>>>>>Congratz England! Nothing incentivizes new business and investment like crippling taxation.
>>>>>>
>>>>>>People earning more than £150,000 a year will see a reduction in their take-home pay from today as the new 50p rate of income tax comes into force at the start of the financial year.
>>>>>>
>>>>>>In addition to the new tax bracket, announced by Alistair Darling in the Budget last April, high earners will also be subject to a new 42.5 per cent tax on dividends while those people making more than £100,000 a year will have their personal allowance reduced.
>>>>>>
>>>>>>http://business.timesonline.co.uk/tol/business/economics/article7088582.ece
>>>>>>
>>>>>>I can hardly wait until the US follows suit. $13 trillion+ debt isn't going to pay itself.
>>>>>>
>>>>>>tick...tick...tick...