Saturday, June 30, 2012
Obamacare Lives: What You Need to Know
Friday, June 29, 2012
Fwd: Investment tax
'The new tax, which Congress passed in 2010, affects the net investment income of most joint filers with adjusted gross income of more than $250,000 ($200,000 for single filers). Starting on Jan. 1, 2013, the tax rates on long-term capital gains and dividends for these earners will jump from their current historic low of 15% to 18.8%, assuming Congress extends the current tax rates.
If, on the other hand, Congress allows the tax rates set in 2001 and 2003 to expire on Dec. 31—an unlikely scenario, according to many experts—the top rate on capital gains will rise to 23.8% and the top rate on dividends will nearly triple, to 43.4%.'
Wednesday, June 20, 2012
Dimon's Wrong About One Thing: J.P. Morgan Is Way Too Big to Fail