Quote:
Originally Posted by Snaqwells
Dividends are currently taxed at lower rates than "regular" income. Dividends are currently taxed at 15% (5% for those in the lowest two tax brackets).
These rates are set to expire (and thus increase to a more complex and higher system) mid-season this year (12-31-08) unless an extension was passed that I'm not aware of.
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We all know the cuts wont be extended....because its the "fair" thing to do, economy be damned.