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Trending Topics: tax hikes

Dividend Tax Rates Triple Under Obama’s 2013 Budget Plan

Dividend Tax Rates Triple Under Obama’s 2013 Budget Plan

WASHINGTON D.C.—President Obama’s 2013 budget plan calls for a hike in the dividend tax rate from the current 15% it is now to a higher personal income tax rate of 39.6%. Once deductions and exemptions that are being phased out ...

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