Comment on Steve Wynn and other US company bosses plan payouts ahead of fiscal cliff

Steve Wynn and other US company bosses plan payouts ahead of fiscal cliff

As Obama and Boehner try to forge compromise, business owners work around expected increase in dividend taxesCasino magnate Steve Wynn is cashing in some chips as he bets the row over the fiscal cliff in Washington will cost shareholders dear next year. He is not alone.Tomorrow Wynn Resorts will pay out a $750m special dividend to shareholders as the company tries to get ahead of possible rule changes that could increase taxes on dividends.

 

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