Taxes and behavior

Washington Post:

The Washington Post Co. will pay its 2013 dividends before the end of this year to try to spare investors from anticipated tax increases…Since 2003 investors have paid a maximum 15 percent on dividend income…dividends will be taxed as ordinary income in 2013, the same as wages, so rates will go up depending on which income bracket a taxpayer is in. For the highest earners, the dividend rate would jump to 43.4 percent.

AP: “Warren Buffett’s firm Berkshire Hathaway…is its largest shareholder with an estimated 1.7 million shares.” No comment.

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