SmartMoney.com’s Jack Hough makes a stop on Mean Street to discuss ways to handle the coming dividend tax hike.
maybe so maybe not. if nothing is done and tax rates go up, everyone will be impacted. The lowest tax bracket goes from 10% to 15% – that’s a 50% increase…
Even people paying little tax will be impacted when the after tax value of dividends drops, the value of the underlying stocks will also drop. You stand to lose a large piece of your retirement nest egg.
So anyone who makes less than 250k is not subject to the higher taxes ?