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.
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…