Cloudy Dividend Tax Outlook Yields Confusion
March 30, 2010 — CNBC
Published: Tuesday, 30 Mar 2010 | 1:59 PM ET
By: Reuters
Investors and their advisers can only scratch their heads as they face an uncertain future for U.S. income tax policy, including one scenario that could send levies on dividends soaring.
During the presidency of George W. Bush, long-term dividend and capital gains taxes were reduced to 15 percent. President Barack Obama, backed by many congressional Democrats, wants to raise both rates to 20 percent for married couples earning more than $250,000 a year.
Read the rest of this article here.
By: Reuters
Investors and their advisers can only scratch their heads as they face an uncertain future for U.S. income tax policy, including one scenario that could send levies on dividends soaring.
During the presidency of George W. Bush, long-term dividend and capital gains taxes were reduced to 15 percent. President Barack Obama, backed by many congressional Democrats, wants to raise both rates to 20 percent for married couples earning more than $250,000 a year.
Read the rest of this article here.
