Tax Policy Center

dividends

Campaigns, Proposals, and Reforms: TaxVox
Finland’s government recently announced a broad fiscal reform package that cuts corporate tax rates—financed in part by higher taxes on corporate dividends. The plan makes sense for Finland and is worth considering here at home. Finland will lower the corporate rate to 20 percent in 2014, down from
April 1, 2013Benjamin H. Harris
Federal Budget and Economy: TaxVox
Regardless of the outcome of the fiscal cliff negotiations, taxes on dividends will be higher in 2013 than in 2012. As a result, companies can save some shareholders plenty of taxes by paying some of next year’s dividends this year. But not every shareholder will benefit from this presumed largess
December 12, 2012Roberton C. Williams
Individual Taxes: TaxVox
Each year when I complete my federal income tax return, Turbotax tells me my average tax rate—how much tax I owe measured as a percentage of my total income. But it would be better if I learned my marginal tax rate or MTR—the percentage tax that I would pay on an additional dollar of income. That’s
October 9, 2012Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox
Senate Democrats, who will vote this week to allow most of the 2001/2003 tax cuts to expire for high-income households, are likely to make an exception for capital gains and dividends. Under their proposal even top bracket taxpayers would pay a maximum rate on this investment income of 20 percent
July 24, 2012Howard Gleckman
Individual Taxes: TaxVox
President Obama didn’t quite get around to saying so when he rolled out his latest deficit reduction plan on Monday, but his Buffett Rule —that no one making more than $1 million should pay a lower tax rate than those in the middle-class—is mostly about investment income. On average, high income
September 22, 2011Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Welcome to the season of jobs plans. GOP presidential hopeful Jon Huntsman offered his last week. President Obama will propose his before Thursday night's football game. But today is GOP presidential hopeful Mitt Romney’s day . And at least when it comes to tax policy, he veers a bit to the left of
September 6, 2011Howard Gleckman