A tax increase on dividends would only be small and largely unnoticed.
If Congress doesn't act to stop a dividend tax hike, taxes on dividend income could soar as much as 164%.
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 stable source of income.
I don't receive dividends, so I shouldn't care.
Lower dividend tax rates don't just benefit direct shareholders. They also benefit the tens of millions of Americans who own stock indirectly through their mutual funds, and they support the value of stock held through or in life insurance policies, IRAs, pension funds, or 401(k) plans. Additionally, lower dividend tax rates benefit Americans who own no stock or mutual funds by helping to spur the growth that is needed to create new jobs and to strengthen the economy.
This doesn't matter in the real world; it's just Wall Street.
Lower dividend tax rates are good for investors, consumers, American businesses, and the recovering U.S. economy. Coming off of one of the worst economic periods since the Great Depression, lower dividend tax rates have helped to attract and keep shareholders who are interested in a more long-term buy and hold strategy, which ultimately benefits the economy.
My voice doesn't count, what can I possibly do?
To your Representative and Senators, your voice is the most important thing they hear. Join us in asking Congress to stop a dividend tax hike.
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.