It's the law: Athletic officials need a license to call

[Adam]

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.

edited to add: the changes to this have been complicated, I believe for 2008 the rate may be 0% for those in the bottom two tax brackets.

[Larks]

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.

We all know the cuts wont be extended....because its the "fair" thing to do, economy be damned.

[Adam]

Originally Posted by Larks

We all know the cuts wont be extended....because its the "fair" thing to do, economy be damned.

Yes we can.

[BillyMac]

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.

If someone were cruising the internet and came across this portion of this thread, they would think that we were a bunch of accountants discussing tax laws. Can't you guys take this over to the CPA Forum?

I just took a quick look at some of the other Forums for the first time. Very interesting. I now know what the testing Forum is all about. I used to think that it was about various exams for officials. It's not. I found JugglingReferee practicing how to line out my quotes; Stat-Man practicing his keyboarding skills; and JugglingReferee, and w_sohl, learning how to add signatures. Over on the Feedback Forum I found Back In The Saddle asking if he could keep my quotes off his monitor by adding me to his ignore list. Wow. There sure is a lot of information out there on the internet. However, there is no Water Polo Forum. The ASPCA, PETA, and the Humane Society must have lobbied to keep it off.