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Bank of America Corporation Message Board

  • artimus_perfecto artimus_perfecto Apr 23, 2008 9:49 PM Flag

    What you pocket books will look like - Part 2

     

    DIVIDEND TAX

    MCCAIN
    15% (no change)


    OBAMA
    39.6%

    CLINTON
    39.6%

    How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama or Clinton become president. The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market yet do absolutely nothing to cut the deficit.'

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