A tax increase on dividends would only be small and largely unnoticed.
If Congress lets the 15 percent maximum rate expire, the dividend tax rate for many could jump to more than 39 percent.
I reinvest my dividends, so this doesn't affect me.
Whether you or the funds in which you invest pay the taxes, it still means less money for you.
I don't own stocks because I only invest in a 401(k). Why should I care?
Chances are your 401(k) invests in dividend-producing stocks because they're a steady and secure source of income.
I don't receive dividends, so I shouldn't care.
You are nonetheless impacted. A company's dividends help it attract investors. Higher tax rates on dividends will mean less investment in the future. That means fewer funds to make needed capital improvements.
This doesn't matter in the real world; it's just Wall Street.
If Congress lets the dividend tax rate reduction expire, you will be the one who pays.
My voice doesn't count, what can I possibly do?
To your Representative or Senators, your voice is the most important thing they hear.
Tax cuts don't help those who need it most.
The vast majority of investors directly holding dividend-paying stocks are senior citizens who cite current income as their reason for investing.
The dividend tax rate reduction doesn't help those who need it most.
The dividend tax rate reduction benefits more than 27 million households — 65 percent of which have incomes less than $100,000
Reducing the tax rate on dividends hasn't worked.
Total dividend payments have jumped sharply since the dividend tax rate reduction took effect.
Only rich people invest in dividend-paying stocks.
19.6 percent of households receiving dividends had incomes below $25,000. 36 percent had incomes below $50,000. And 65 percent of households receiving dividends had incomes below $100,000.
Corporations, like big utility companies, should pay their share.
All corporations already pay taxes. And then the federal government taxes you on the same profit again.