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Dividends
Proposed Dividend Tax Hike Adds to Obama's Woes With Seniors
By Matt Lewis - Politics DailyA recent poll conducted by Rock the Vote indicates the youth vote is up for grabs. But that may be the least of the Democrats' worries, as new policies threaten to turn off more older Americans. ObamaCare (which cuts Medicare by $500 million) is no doubt a contributor to Obama's sagging popularity among the elderly, but it's not the only factor. While the fight over the Bush tax cuts has focused mainly on whether they will be made permanent for those making $250,000 a year or more, the more politically perilous choice for Democrats may involve whether to allow taxes on dividend income to go ...
Battle Looming Over Bush Tax Cuts -- Will Your Tax Bill Go Up?
By Patricia Murphy - Politics DailyTo extend or not extend the Bush tax cuts? That question is at the heart of the debate between Democrats and Republicans on Capitol Hill, as lawmakers line up to let the tax cuts expire, make them permanent, or do a little mix and match. Most Republicans, who have traditionally advocated for lower taxes, say that letting Bush's tax cuts expire amounts to a tax increase -- the last thing a country should do in the middle of a recession. Democrats counter that with the federal deficit at a record high, the country cannot afford to take more money out of the treasury, especially to finance lower ...
Will BP Pay Out Dividends?
By Paul Wachter - Politics DailyBP postponed Friday a decision on whether it would pay out its quarterly dividend. "We fully understand the importance of our dividend to our shareholders," the company said in a statement. "Future decisions on the quarterly dividend will be made by the board, as they always have been, on the basis of the circumstances at the time. All factors will be considered and the decision taken in the long term interests of the shareholders." BP pays more than $10 billion in dividends each year, but, as you might imagine, there's political pressure on the company to suspend those payments as long the ...
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