josh (joshc) wrote,

morning obsession

What you might have missed in the headlines about Microsoft's gigantic dividend payout: the practical consequences of new tax rates! For instance, Morning Edition reports that tax cuts save Steve Balmer 200 million dollars on his billion dollar dividend distribution (under the old rates, he would've payed ~350 million). They also induce dividend programs: the number of companies offering special dividend packages has increased more than fourfold since the new rates wen into effect. [npr]

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