Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: fastpathguru who wrote (263848)	7/8/2010 2:08:34 PM
From: Elmer Phud	Read Replies (1) \| Respond to of 275872

For a second there I thought you said the current administration is doing something to cause tax rates to skyrocket. Sorry for the misunderstanding. I believe I said under the current administration taxes will skyrocket. If I wasn't clear then that's what I meant. With Obama's deficit larger than Bush's first year budget, I see a desperate need to raise revenue from any and everywhere. Exactly how much remains to be seen. Perhaps simply printing more money is one solution but that's a tax in the end as well. With the expiration of the current favorable dividend tax rate, we will likely see dividends taxed at ordinary income rates. With the so called Bush tax cuts expiring, all rates will go up. That could easily be over double the current rate for those who have such income. I consider that skyrocketing, perhaps you don't. If you're an AMD shareholder you won't have to worry...