Obama proposes dividend tax rate of almost 45%?

[RandomGuy]

Perhaps these people shouldn't gamble something as important as their retirement money on the stock market. But if they still are willing to do it, what's the problem?

RetirED people shouldn't really be in the stock market.

People who want to retire someday should be.

Risk=return over the long run.

Sound saving for retirement says your first money should go into stocks when you are young, then an increasing proportion of your savings should flow into progressively less risky investments over time as you draw nearer to the point where you will draw down on it.

[Winehole23]

The Group of 20 has spouted the importance of “inclusive growth” for years without spelling out what it really means or how to generate it. The Organization for Economic Cooperation and Development, at least, will be telling G-20 finance ministers in Chengdu, China, this weekend what it thinks it should mean for taxation: less of it on low-income workers and more on high-income shareholders.


The Paris-based think tank has just junked the conventional economic wisdom on taxit had been promoting for years. That old view said income from capital that individuals receive–such as interest, rents, and dividends–should be taxed much more lightly than wages and salaries.


“For the past 30 years we’ve been saying don’t try to tax capital more because you’ll lose it, you’ll lose investment. Well this argument is dead, so it’s worth revisiting the whole story,” Pascal Saint-Amans, the OECD’s tax chief, said in an interview.

http://blogs.wsj.com/economics/2016/...tax-guidebook/

[Winehole23]

Instigated by the OECD itself, starting next year tax authorities in more than 50 countries, including all G-20 nations along with Panama and Switzerland, will start automatically exchanging citizens’ tax and bank account details. Up to 100 nations promise to take part after that.

[ducks]

be worse under CLINTON!

[101A]

The rate should be raise, but why not just report it as regular income? Why is the government so obsessed with HOW people make their money? It just makes everything more complicated than necessary, and distorts the market. Income should be income.