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The 2012 Lame Duck Session is Here

TaxFree1031 Wrote: Nov 12, 2012 10:15 AM
People buy utility stocks because they pay dividends. Now how many people will buy them now that dividends will be subject to higher income tax rates? Think about the economic considerations. Liberals, don't waste your time. No amount of education will help you.
Drifter33 Wrote: Nov 12, 2012 10:24 AM
And with dwindling dividends to invest, the prices to consumers will go UP. In accordance with the Dear Leader's grand plan.
MacQ - Texas Wrote: Nov 12, 2012 10:22 AM
They don't realize if they raise cap gains taxes, that affects the pension funds of their beloved unions...and also those of cops, firefighters, teachers.

It's been nearly a week since Barack Obama was re-elected president and today the 2012 lame duck session officially begins as the fiscal cliff looms.

—The expiration of Bush-era tax cuts on income, investments, married couples and families with children and inheritances.

—A $55 billion, 9 percent cut to the Pentagon next year and another $55 billion in cuts to domestic programs, including a 2 percent cut to Medicare providers.

—The expiration of unemployment benefits for the long-term jobless and a sharp cut in reimbursements for doctors participating...