Sat, Jul 26, 2014, 3:52 PM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

Energy Transfer Partners, L.P. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bbandassoc bbandassoc Nov 13, 2012 5:02 PM Flag

    Selling over fiscal cliff concerns "makes no sense" with MLPs

    While MLP's are not qualified dividends, I presume they will be subject to the new 3.8% Obamacare tax and any other tax increases instituted January 1st. If so, ETP's selling pressure may still be modest because most people probably don't have a lot of gains to protect (only distribution income), unless they have been holding a very long time. A KMP investor may be in a different situation given that stocks rise in the past year or two.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The 3.8% Medicare tax will affect traders, more so than investors, since it's a transaction-based tax. If one buys and holds ETP primarily for the income (and, hopefully, some appreciation), it won't be an issue as long as one's adjusted cost basis is $0 or above.

59.04-0.20(-0.34%)Jul 25 4:04 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.