An old news article worth sharing: “Dividend tax hike ‘could have been worse'”

While organizing some of my files today I stumbled across a CNN Money article on the dividend tax hike “compromise” reached earlier this year: 20130102_dividend_tax_hike

Most of you probably already know where I am going with this.  🙂  It is yet another reminder of how the wealthy (in this case those earning more than $400,000 AGI) avoided a restoration of taxes to pre-great recession / pre-Bush rates.  However, as I mentioned in my Cadence of Finance presentation, taxes are not the main driver behind the widening wealth gap.  See the presentation for more details.

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