even so, fucking double taxation on corporate profits, BUT THEY ARE THE ENEMY, BIG BAD CORPORATIONS BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO TAX TAX TAX TAX TAX its really closer to 50% if you factor in all the bullshit commissions and broker fees that most people have to deal with. yayyy
Ok, so isn't there a loophole if someone simply reinvests the dividend into additional shares purchased? And yeah the bullshit commissions & fees are bad, but seems like those can be written off at tax time as well.
Yeah... not even a gradual to 40%. It would jump from 15% to 40% in one year. I think the tax rate on capital gains would be the same as dividends.
oh fuck to the no on that. does that have to go through congress? aint gonna happen and our new trillion dollar deficit i bet includes the proposed revenue increases that will never happen hoo-fucking-ray for obama
I'd rather have a lower tax rate on dividends or some mechanism in place to encourage companies to provide higher dividends for shareholders than they currently do. The way this is set up, it seems like it will further reduce the # of companies who provide them and/or lower dividend rates to avoid taxation. Nothing I own has a high enough dividend rate for me to be really upset by it though. I mean even stuff that has over a 2% dividend yield I don't have enough of to be significantly upset. It's more like "oh no they're taking 25% more of the... $15 I got over last year". Seems like it'd really only affect the ultra wealthy who had significant positions in companies and even then wouldn't be bringing in that much.
It's income. And yes... like SWIMFAN says, the effective tax rate on dividends would be aroudn 63% (according to Wall St. Journal and yes... linked from Drudge).
By lowering their tax rate to 28%? Also, capital gains will prob move back up to the previous 20% rate before bush lowered it. It wont ever reach 40%.
Obama and the democrats dont give a fuck about the stock market or wall street. The shame of it all is most people that work on wall street dont make millions of dollars and are just trying to make a living like everyone else yet we all get lumped into one category and are considered evil. Fuck Obama and his anti capitalism agenda. The fact is that wall street is hurting bad. Thousands upon thousands of people working for banks and brokerages have been let go the last few years but this govt doesnt give a fuck about them. The trading volume in the market is down dramatically the last few years and as a result there have been tons of layoffs. Most of the people that have been layed off were hard working people yet they all get the stupid 1% label from those fucks that were part of the occupy wall street movement. Sorry about the rant but I just hate this fuck president so much.
What? It's in Obama's new budget to push the capital gains taxes up to 39.6%. So what that it probably won't get there. He wants to do it.
According to the CCH Briefing, capital gains rates only go up to 20% on joint incomes over $250,000, and qualified dividends get the ordinary tax rate only for joint incomes over $250,000 too.
This is public so I can share it Sanchez Energy (SN) is an oil and natural gas exploration and production company focused on the Eagle Ford Shale field of southern Texas. Like Bonanza Creek, the company went public in mid-December, attracting little attention from investors and managing to sell just 10 million shares at $22 each, well under its planned range of $24 to $26 per share. Since then, however, the stock has attracted more attention and now trades more than 30 percent above the close on its first day of trading. The Eagle Ford Shale play is an unconventional play with three distinct windows: an oil window in the north, a dry gas window in the south and a natural gas liquids rich window in the middle. Dry gas is simply natural gas that has little or no natural gas liquids content; as you might expect, with natural gas prices so low, the dry gas portion of the Eagle Ford is seeing little development. In contrast, producers are pouring capital into developing the oil and NGLs-rich sections of the field, which is exactly the region where Sanchez's acreage is concentrated. The company has good company as major producers like Chesapeake Energy (CHK) and EOG Resources are active in this region. The company plans to spend between $136 and $154 million developing its Eagle Ford acreage in 2012 and expects to drill a total of 16.5 net wells this year. Sanchez's production at the end of 2011 was just 1,350 boe/day with more than 80 percent of that output in the form of oil. By the end of 2012, the company expects to roughly triple its output to between 4,000 and 5,000 boe/day, a growth rate that appears achievable based on production results from the company's first 9 Eagle Ford wells. Looking a bit further in the future, the company has leased over 80,000 acres in Montana in an area that might be perspective for the Bakken and Three Forks oil plays. These acres appear to be located outside the fairway of the Bakken Shale play and Sanchez is likely to wait for other producers to announce some well results in this area before it decides to invest significant capital.
Being a trader I totally agree with you. He acts like there is no need for wall street, which is a big mistake. Unfortunately, Obama is well on his way to reelection.
The limits should be moved from $250k to $1million. Theses limits should also be adjusted to a cost of living index. If you live in New York you are paying way more in taxes than if you live in a small town with a lower cost of living. $250k for a family of 4 does not make you rich IMO.
A retiree bringing in over $200k? I'd say that puts someone comfortably in the upper middle class range.
i love how there is a thread on TMB where educated young conservatives making their money work for them can come together and bash taxes, obama, and poor people
You have to get a certain amount right or you will just have to keep answering similar questions until you do get them right. I think there are 4 or 5 sections and if you are in the same section for a long time it just means you are getting the questions wrong. Once you finish each section you have passed it. It gets a little tedious but you shouldnt have any problems getting through it.
Blaming the president for wall street layoffs? If there aren't enough M&A's to go around then that is what happens. 'Wall street' is just fine. Record profitability. Quant shops are fine also. Whenever there is a lot of volatility (which is what you have when you are coming off an inflection point) trading volume will decrease as people head for the sidelines. There were a few people that made 'wall street' seem bad. Totally understand your angst with being lumped in with them. Plenty of blame to go around. Oh and your point about the gov't not caring about people being laid off and obama having an anti capitalistic agenda is flawed. If he were trying to somehow prevent layoffs....then that would be anti capitalistic.
Nah it's actually upper class. shocking to me was that the 1% only earns income of about $350k or more.
Top 5 Performing Dow Stocks (MSFT, JNJ, INTC, PG, MRK) 17 minutes ago - Financial News Network Online - News Corner via Comtex Below are the top five performing stocks in the Dow Jones Industrials Index. These companies should be watched for additional outperformance to the upside. Microsoft (NASDAQ:MSFT) lead the charge up 1.56% today, well above the Dow's return of 0.09% thus far. Just behind are shares of Johnson & Johnson (NYSE:JNJ), which is up 1.48%. Rounding out the list of outperformers are shares of Intel (NASDAQ:INTC whats that you say? i own 3 of those? why yes... yes i do
Timeline & Context. Jobs had just died and if you're a short term guy like me (few days to a few weeks tops) you had a few opportunities over the next two weeks to exit a short position initiated on the day I posted that (8/24) at a profit. You long term fundamental guys play by different rules and rightfully so. I had no skin in the game. Was just my opinion. This flashback giggle post made me go back and look it up. I could have been right. Again: PS. I'm happy for you guys that are on AAPL. I'm totally out of a great market right now as my real job has me too busy to really follow the market the way I'd like to to be comfortable in investing.
I was just busting your balls. Just thought it was funny looking at the charts on the day you posted that and seeing where it's at now.
im completely fine with it chopping from 12.8-13.2 for the next month or two gonna have to start sellin and pay off this fucking diamond ring that im about to purchase 0% interest for 6 months though... lady was like do you think you'll go past 6 months? we have other options i was like
considering i had INTC at 19, msft at 24.. i mean yea.. thats around 25+% plus their solid dividends, but see above, i am bout to get out of them
With speculators/investors going back more heavily into oil in recent months, despite companies posting great profit #'s that in some cases barely budge their prices, hypothetically could there be a situation where there's too much cash in the market now and nowhere to put it and expect decent returns? i.e. investors not wanting to buy into a stock b/c the value is already in it so even with a great quarter/year, it wouldn't give the ROI they need? Noticed that most of them have taken a drop off, while oil is also down after having a higher increase in supply (which, magically, won't translate to the pump since refineries have kept production levels down).
that's their own fault if they're still working with traditional brokers getting beaten over the head with fees. fees are the one thing in this market you can control and there's plenty of options for cheap investing these days ...