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Author: AngelMay Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1977252  
Subject: Re: Can't tax the mobile wealthy Date: 12/12/2012 11:43 AM
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Is this true? or are your numbers made up?

AM
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No, divedends are now treated as regular earned income. If you are in the top tax bracket you pay 39.6% + 3.8% (new Obamacare surcharge).

Those people obviously sold their dividend stocks (and they own a lot of them) to seek reasonable return elsewhere.

Mark


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So, when I do my taxes in April (or early next year), my dividends will be taxed as ordinary income?

And if others are seeking reasonable returns elsewhere, where is this "elsewhere" you are speaking of? I haven't found such a place to put my money. I'm getting over 11% in dividends. How and where can I beat that?

AM
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