Taxes and behavior
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.
