Comment on Obama's Budget Raises Dividend Taxes to 39.6%: This is Not a Good Idea

Obama's Budget Raises Dividend Taxes to 39.6%: This is Not a Good Idea

Buried down in the detail of President Obama?s budget proposal today is what I and many economists would consider to be a very bad idea indeed. It is to raise the tax on dividend income for upper-income taxpayers to the normal top rate for income tax. That top rate to be raised to what it ...

 

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