Federal Reserve Jeffery Lacker

Fiscal Cliff Special Dividends: Enriching Shareholders Or Management?

While the whole world will celebrate & welcome 2013 with parties galore, most of the US citizens may have little to cheer about as far as the tax rates on their incomes are concerned. This is because their earnings are likely to be taxed at a substantially higher rate if the US is unable to take a U-turn and avoid the fiscal cliff before 31st December 2012.

The lower tax rates gifted by the George . . .


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