Obama’s new budget proposal is terrible news for dividend investors

From World Beta:

It is often very difficult to determine how geopolitical events will play out in markets. However, there are some cases where a structural change will have a very logical influence on a market and a substantial impact on investment strategies and outcomes.

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Today, there is news that in his recent budget proposal, Obama outlines taxing dividends for top bracket earners as ordinary income up to 40% from the current 15%. How will this impact the investment landscape?

One structural change in the stock market is…

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