Money and Finance
After Congress finally ended the fiscal cliff debacle, for now, I was in search of how exactly the tax brackets would look like. There's now a ridiculous 7 brackets, this isn't close to the most we've had but it seems overly complicated to me. The big news for investors is that one the brackets were made permanent, so hopefully tax planning will become easier in the future, or course barring future changes by Congress. The second is that long term capital gains and dividends will continue to be taxed at the same rate.
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- Hussman Weekly Market Comment: Brief Holiday Update
With Monday as the last opportunity for Congress to avoid some version of the “fiscal cliff,” there isn’t a great deal to say that will be relevant for long, but my impression remains that the most likely outcome is that fiscal policy will go over...
- The "dividend Tax" Cliff Approaches: Implications For Stocks – By Aswath Damodaran
A great deal has been written about the "fiscal cliff" that US taxpayers, investors and companies are faced with at the end of this year. Put simply, all of the tax changes made in 2002 and 2003 expire at that time, and the tax code will, in large part,...
- Leucadia 2010 Letter To Shareholders
The FutureThe day this was being written, the Morning Joe television talking heads announced that the unemployment rate fell below 9% after hovering close to 10% the past 21 months. One of us is an immigrant who arrived here at age 15. Since that age,...
- Portfolio Management: Considering Closing A Position
In a post last week I discussed our forecast tax situation for 2015. It's a weird place to be in as I don't expect us to normally be in the 15% tax bracket but there's a big benefit to that: qualified dividends and long term capital gains...
- Why Tax Increases Could Lead To More Buybacks
(Note: Since this article was published, dividend tax rates were increased as expected, but in-line with long-term capital gains. This is a more positive outcome than the one described in the article where dividends and capital gains were taxed at different...
Money and Finance
Tax Impact from Fiscal Cliff Deal
After Congress finally ended the fiscal cliff debacle, for now, I was in search of how exactly the tax brackets would look like. There's now a ridiculous 7 brackets, this isn't close to the most we've had but it seems overly complicated to me. The big news for investors is that one the brackets were made permanent, so hopefully tax planning will become easier in the future, or course barring future changes by Congress. The second is that long term capital gains and dividends will continue to be taxed at the same rate.
Read more »
- Hussman Weekly Market Comment: Brief Holiday Update
With Monday as the last opportunity for Congress to avoid some version of the “fiscal cliff,” there isn’t a great deal to say that will be relevant for long, but my impression remains that the most likely outcome is that fiscal policy will go over...
- The "dividend Tax" Cliff Approaches: Implications For Stocks – By Aswath Damodaran
A great deal has been written about the "fiscal cliff" that US taxpayers, investors and companies are faced with at the end of this year. Put simply, all of the tax changes made in 2002 and 2003 expire at that time, and the tax code will, in large part,...
- Leucadia 2010 Letter To Shareholders
The FutureThe day this was being written, the Morning Joe television talking heads announced that the unemployment rate fell below 9% after hovering close to 10% the past 21 months. One of us is an immigrant who arrived here at age 15. Since that age,...
- Portfolio Management: Considering Closing A Position
In a post last week I discussed our forecast tax situation for 2015. It's a weird place to be in as I don't expect us to normally be in the 15% tax bracket but there's a big benefit to that: qualified dividends and long term capital gains...
- Why Tax Increases Could Lead To More Buybacks
(Note: Since this article was published, dividend tax rates were increased as expected, but in-line with long-term capital gains. This is a more positive outcome than the one described in the article where dividends and capital gains were taxed at different...