Look for a move away from dividend stocks and into other investments.
Little guys will get hurt as the value of their 401ks get gutted.
What was the bracket levels for this dividend 15 to 43% increase at? Anyone receiving 50K plus on Divs will be hit? 100K? 250k? My app. if it was there and I missed it.
It will also hurt the companies that pay the dividends such as utilities to get investors as they don’t usually have much on the capital gains side. But they require a certain level of capital investment versus borrowed.
Yep - and they still claim that the Bush tax cuts did nothing for the little guy, even as they point out that stopping them will hurt the little guy...