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Obama said Secretary Tom Vilsack rushed to judgment when he dismissed Shirley Sherrod from the Department of Agriculture amid charges of racism.
As of midnight Dec. 31, the death tax returns — at a rate of 55% on estates of $1 million or more.
The lowest bracket for the personal income tax moves up 50% — to 15% from 10%. The next lowest bracket — 25% — will rise to 28%, and the old 28% bracket will be 31%. At the higher end, the 33% bracket is pushed to 36% and the 35% bracket becomes 39.6%.
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