Wealthy Dump Assets Amid Worries About Going Over 'Cliff'

Robert Frank CNBC 12 Nov 2012

For many of the wealthy, 2012 is becoming a good year to sell…

…If the Bush-era tax cuts expire, taxes on capital gains would revert back to its previous rate of 20 percent from its current 15 percent. Another 5 percent may be added from health-care levies and changes […]

How to Handle the Coming Dividend Tax Hike

Jack Hough Smart Money 3/26/2012

…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% […]

‘Buffett Rule’ Will Boost Top Dividend Rate to Over 62%, Highest in OECD

Scott A. Hodge Tax Foundation 1/27/2012

Lost in the intense scrutiny of the 15 percent tax rate that Mitt Romney paid on his capital gains and dividend income is the fact that capital gains and dividend taxes are a second layer of tax on corporate profits. In other words, before a company distributes $1 of […]