Lower tax rates on income from dividends clearly benefit American investors and I'd argue the economy. Yet, unless Congress acts before the end of the year, the maximum tax rate on dividend income could skyrocket to as high as 43.4% from 15%. The top tax rate on capital gains, meanwhile, would rise to a maximum of 23.8% from 15%.
To stop this disproportionate dividend tax increase, the Edison Electric Institute and its member electric utility companies, along with a wide variety of associations, organizations and companies that have a stake in this issue, are sponsoring a national grassroots advocacy campaign - Defend My Dividend. We encourage you to join.
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