Replies to post #108040 on Intel Corp (INTC)

[Tenchu]

Beamer,

My dividends are taxed like regular income.

If so, you're donating money to the IRS.

http://en.wikipedia.org/wiki/Dividend_tax
http://en.wikipedia.org/wiki/Qualified_dividend

Obama is most certainly considering raising taxes on dividends. This is all part of the so-called "Buffett Rule."

Regardless of how you feel about taxing "unearned income," the effect on INTC's stock price and how they pay out dividends will be significant.

Tenchu

[Elmer Phud]

I seriously doubt any rumor that Obama is increasing taxes above usual tax rates.

It's just a proposal. Heard it on the news today.

Remember, those earnings have already been taxed on the corporate level. Taxing them at all is double taxation. Any change in the current dividend tax rate would likely cause companies to cut their dividends and increase their share buybacks. I don't think it has a prayer of passing.