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1 posted on 11/27/2012 7:00:17 AM PST by Kaslin
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To: Kaslin

Will this portend a return to the playground of malfeasance of the 90’s, i.e. “retained earnings” because divee rates were through the moon? Time will tell....


2 posted on 11/27/2012 7:13:13 AM PST by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: Kaslin; ding_dong_daddy_from_dumas; DoughtyOne; Gilbo_3; Impy; stephenjohnbanker; NFHale; ...
RE :”On the first day of 2013, the amount of taxes that top U.S. stock market investors will have to pay on the dividends they earn will increase. The only question at this point is by how much. Will taxes on dividends rise from 15% to 18.8% because of the ObamaCare tax on investment income that will take effect on that date or will dividend taxes rise from 15% to 43.4% thanks to the additional tax increase related to the 2003 Bush-era tax cuts that are currently set to expire after the last day of 2012?
That question matters today because, as expected, influential investors are pushing companies to boost their dividend payouts in December 2012 to beat the clock on the dividend tax increases that will take place in 2013.”

While it is OK to warn 'the public' about this, but unless Rs in congress want O to leave office being seen as a popular successful POTUS they better not:

1) Save O on dividend or capital gains taxes (any investment taxes)
2) Save O on tax rates (exception below)
3) Save O on entitlement reform
4) Save o On the automatic budget cuts.

For items 1 to 3 Dems rhetoric says these are are only helping the rich and hurting the middle class. On the automatic budget cuts #4 Republicans agreed to and passed these cuts just last year but delayed them until AFTER Os re-election, great move. .

Having won re-election Obama is looking towards his legacy and now he has some wiggle room to diss his base on some compromise to do that,

If all these items 1 to 4 were to go into effect then most predictions are the country would go back into recession.
But this does us no good if congressional Republicans get/take the blame it AGAIN, And they are sure good at that.

All Republicans have to do is to temporarily extend just enough of the tax cuts to ward off the accusation of ‘defending the rich by attacking the middle class’. I am thinking $100K income or less as it is anice round number.
Doing that requires NO R votes for tax increases.

Let Obama/Dems argue why we need the rest of 1 to 4. It's his legacy after all. And if he doesnt make the case for those then the single R message must be that 'Obama raised those taxes and cut military spending destroyed the economy and proved that his policies are a disaster'.

3 posted on 11/27/2012 7:31:12 AM PST by sickoflibs (Has Bohner caved to Obama again yet?)
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To: Kaslin

As a life long bookkeeper, I would advise any client I had to so exactly this.

Issue their dividends early...beat the tax clock.


4 posted on 11/27/2012 7:58:09 AM PST by ridesthemiles
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