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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 […] November 13th, 2012 | Tags: "fiscal cliff", Bush tax cuts, capital gains tax, dividends, John Podesta, Marc Faber, Mark Levin, MoveOn.org, real estate, Richard Trumka, stocks | Category: Economy, George Soros, Politics, Socialism, Taxes, Unions | Comments are closed
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% […] March 26th, 2012 | Tags: dividends, stocks | Category: Congress, legislation, Taxes | Comments are closed
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 […] February 9th, 2012 | Tags: "The Buffett Rule", Bush tax cuts, dividends, investments | Category: Barack Obama, Economy, Taxes | Comments are closed
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