Obama wants to RAISE corporate dividend taxes to 64.1%

healthmyths

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Sep 19, 2011
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President Obama's 2013 budget is proposing to raise the dividend tax rate to the higher personal income tax rate of 39.6%
that will kick in next year.
Add in the planned phase-out of deductions and exemptions, and the rate hits 41%.
Then add the 3.8% investment tax surcharge in ObamaCare, and the new dividend tax rate in 2013 would be 44.8%—nearly three times today's 15% rate.
Keep in mind that dividends are paid to shareholders only after the corporation pays taxes on its profits.
So assuming a maximum 35% corporate tax rate and a 44.8% dividend tax,
the total tax on corporate earnings passed through as dividends would be 64.1%.
Review & Outlook: Obama's Dividend Assault - WSJ.com
 
Now this idiot raising dividend taxes WILL drive people including the millions of MIDDLE CLASS with 401ks.. to SELL these dividend generating stocks!
Sell because they will see 64% of the earnings in TAXES!

So whatever gains we've seen in the market.. poof!!!!!
Once AGAIN Obama the PROFIT hater having NO idea of how businesses much less the economy works DOES IT AGAIN!

YOU independents that put this idiot in office! WAKE UP! He's destroying America!
 
They just don't get it healthmyths........it's almost not worth it but it does make us feel a little better to expose the Chicago Punk for what he is.
 
Now this idiot raising dividend taxes WILL drive people including the millions of MIDDLE CLASS with 401ks.. to SELL these dividend generating stocks!
Sell because they will see 64% of the earnings in TAXES!

So whatever gains we've seen in the market.. poof!!!!!
Once AGAIN Obama the PROFIT hater having NO idea of how businesses much less the economy works DOES IT AGAIN!

YOU independents that put this idiot in office! WAKE UP! He's destroying America!

It's another Obama screwjob on the elderly. Many elderly live off dividends. They used to live off interest too but interest barely exists anymore.
 
WHY can't this idiot leave things alone???

PLEASE PLAY MORE GOLF and let the grownups run the country!
The idiot destroys our oil industry forcing it OFF shore..
THEN gives Brazil $$ and tells them "we'll be their best customer!"

Then he tells health insurance companies.."you can't figure out what your expenses will be
I.E. CLAIMS in the future" i.e. banning "pre-existing conditions" and then the IDIOT doesn't understand why insurance companies RAISE THEIR PREMIUMS!!!

This idiot then goes after the electric utilities TELLING us he will bankrupt them and
goes about CLOSING utilities around the country... AND THEN wonders WHY rates are climbing?

BUT this IDIOT takes the cake!!!
HE cancels a pipeline THAT at worst case would spill 325 barrels of OIL in ONE MILE and
in doing so SENDS 1 million barrels to CHINA via TANKERS (LIKE EXXON VALDEZ!!!) at a greater risk of shipwreck and much LARGER scale of destruction!

YOU independents... YOU MUST understand THIS IS A President BENT on destroying America!
 
They just don't get it healthmyths........it's almost not worth it but it does make us feel a little better to expose the Chicago Punk for what he is.

Maybe this is why nobody "gets it"! :cool:

http://www.usmessageboard.com/politics/209591-obama-wants-lower-corporate-tax-rates.html


Well yea, it's that magical mystery machine...........smoke and mirrors. Ahhhh to be the wonderful magician this guy thinks he is.

The Hawk? We talkin' the same universe here? :eusa_eh:
 


Well yea, it's that magical mystery machine...........smoke and mirrors. Ahhhh to be the wonderful magician this guy thinks he is.

The Hawk? We talkin' the same universe here? :eusa_eh:

Well, you have 2 separate sources claiming opposite things. The question is, which one is correct. I see that you linked to the other thread but failed to address the sources posted here. My feeling tells me that both are likely correct - different plans presented to different people for different support. Show me where one is going to be pushed and the other not or that one is false. Just linking to another source is worthless.
 
WHY can't this idiot leave things alone???

PLEASE PLAY MORE GOLF and let the grownups run the country!

Boehner's trying, but he has this "NO" thing he has to do a couple of times a week. It's really cutting into his tanning time! True story. :cool:

YES Boehner SHOULD NOT be spending TIME battling Obama's DESTRUCTION AGENDA!
Boehner MUST be continually protecting our country from Obama's stupid mentality of MORE AND MORE govt. intrusion!

Simple question for you and just a simple answer is all, no nuances, no BUTs.. just answer
Is any society become better, more civilized by having:
1) a cop on every corner OR
2) people taught COMMON SENSE (much like "global warming has been taught)
and therefore be more responsible?
 
So evidently the majority of people on this forum DO NOT have any investments especially equities that yield dividends?
OR are the majority of you NOT smart enough to understand that millions of people will be affected by this 64% TAXES on dividends?

Majority of pension plans, many companies count on these dividends as additional income!
And THAT will affect your payments!
 
Obama "like a god..so says Editor of NewsWeek Evan Thomas.. GIVETH "lower corporate taxes" and
taketh away... HIGHER DIVIDEND taxes almost 64%!!!

Really totally stupid! Idiot Obama thinks by giving lower tax bracket the AFFECT of RAISING dividend tax rate won't affect corporation TAX planning!

IDIOT OBAMA ! LISTEN! YOU RAISE dividend TAXES you
1) REDUCE amount of money spent in the USA because to maintain dividend income
RAISE the amount of dividends paid OUT to keep shareholders who will have to pay more happy!
2) Those UNHAPPY shareholders will SELL and lower the CAPITALIZATION and harm the companies' balance sheets which WILL RAISE The cost of operations!
DUMB!!!!

YOU DON"T alter taxes on one side WITHOUT affecting the OTHER SIDE...

Totally shows Obama's IGNORANCE of Business and those around him!
They all naively think OH we can lower the corporate taxes and make up the difference by
raising DIVIDEND taxes!
DUH there is a direct harmful LINK!
 

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