Smart TaxesSmart Taxes  Obama plan vs. Boehner plan vs. 'Plan B'
The top tax rate, estate taxes and capital-gains rates are
points of contention. Plans also disagree on spending cuts and
the debt limit.  By MSN Money Partner Dec 20, 2012 12:48AM  This
post is by The Associated Press.   Image: Dollar bills floating
over U.S. Capitol © CorbisThere are several competing plans to
avoid the "fiscal cliff," a one-two combination of tax increases
and automatic spending cuts.   The GOP-controlled House is
scheduled to vote on Thursday on House Speaker John Boehner's
scaled-back "Plan B" tax proposal exempting people earning less
than $1 million a year from tax increases. Boehner and President
Barack Obama have also exchanged offers in their ongoing talks.
Here are some of the highlights of the three competing plans.
Obama's plan would increase taxes by $1.3 trillion over a
decade, including raising the top rate on income exceeding
$400,000 from 35% to 39.6%. He also would increase the tax rate
on capital gains