Tuesday, March 27, 2012

One of ObamaCare's new taxes will be a 3.8% tax on investment income

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3/26/12, "How to Handle the Coming Dividend Tax Hike," SmartMoney.com, Jack Hough

"Unless Congress takes action, the top tax rate for the highest earners on most dividends, currently 15%, is set to jump to a whopping 43.4% next year. That is a maximum income-tax rate of 39.6% -- since dividends will once again be taxed as regular income -- plus a 3.8% tax on investment income as part of the health-care overhaul passed in 2009." via Drudge

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