What Will be the Impact of Higher Dividend Taxes on Dividend-Paying Stocks?
Currently the top U.S. tax rate on qualified dividends is 15%. This rate applies to tax-payers who are in the 25% to 35% tax brackets. This means that hypothetically an ordinary American in the 25% tax bracket having an earned income of $50,000 and getting a $1,000 in qualified dividends pays $150 in dividend taxes …
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