Tax Corporations Less…Tax Dividends More?

President Obama’s envisioned tax reforms could hurt wealthy retirees.

On Capitol Hill, a rough consensus is starting to emerge: a feeling that the corporate tax rate should be reduced to help U.S. firms stay globally competitive. At the same time, President Obama’s 2013 federal budget proposes a massive tax hike on corporate dividends, a change […]

By |March 1st, 2012|Financial Article, Financial Planning|

Obama’s Proposed 2013 Budget & The Taxpayer

How does the President want to modify tax rates?

The wealthiest taxpayers could be hit hard if the tax hikes in President Obama’s 2013 federal budget proposal become law. The good news is that the tax changes outlined by the President in mid-February may be softened by eventual bipartisan compromise. As currently proposed, they would […]

By |February 23rd, 2012|Financial Article|
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