3/26/2012

The coming tax increase on dividends

From Smart Money:

Unless Congress takes action, the top tax rate for the highest earners on most dividends, currently 15%, is set to jump to a whopping 43.4% next year. That is a maximum income-tax rate of 39.6% -- since dividends will once again be taxed as regular income -- plus a 3.8% tax on investment income as part of the health-care overhaul passed in 2009. . . .

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1 Comments:

Blogger drjim said...

YOW!
That's sure going to encourage investment, isn't it?

3/26/2012 10:34 PM  

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