A new Harry and Louise ad?

[question everything]

I semi heard it, a couple talking about how much they are dependent on their dividend income.

I think that it was about proposing taxing dividends at a regular rate, instead of the current 15%.

[Jackpine Radical]

1. I can see it now--an elderly couple who, as the camera zooms in,

you suddenly realize are Willard & Queen Anne, sitting in front of their car elevator, drinking--well, whatever Mormons drink--talking about how they may have to dip into the Cayman Islands fund because of the outrageous taxes on their dividends from Bain…

[protect our future]

2. An elderly couple, right?

Last edited Fri Nov 16, 2012, 02:19 PM - Edit history (1)

(I haven't seen the ad but am guessing they are older.)

[madinmaryland]

3. that are collecting social security and are on medicare. nt

[protect our future]

7. It's the elderly with only a little money

beyond Social Security who are concerned about dividends. A couple with a great big bundle of bucks would most likely be concerned with capital gains rather than dividends.

[Bozita]

4. Saw it twice this week. Pre-emptive attack on any change in the 15% tax on unearned income.

[question everything]

5. I think that this change will be only on people making more than $200K

$250K for married filing jointly.

[Bozita]

6. I didn't know anyone was proposing changes to the tax rate on unearned income.

IMHO, ALL income should be taxed as EARNED income.

[question everything]

8. Oh yes, including long term capital gain

currently taxed at 15%. This is why some business owners are "threatening" to sell their businesses this year for lower tax. And financial advisers are telling their clients to realize their gain this year.

Won't mind if papa John and Denny and that Applebee be sold.