Thursday, December 10, 2009

Beware of Higher Dividend Taxes...

There have been several news articles indicating that higher dividend taxes are on their way. Since I had recommended BX (Blackstone Group) as a good trade a few days ago due to its high dividend, I'd like to suggest placing it in a Roth IRA or other tax-free account.

And the poor Guys of London - getting hit by 50% taxes on their bonuses. That is pure evil! We should be demanding higher taxes for any government official that fails to deliver on their promises. They are totally going on the Fair Weather Friends List - not that they weren't already, but all the more reason.

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