After 30 years of trickle down economics that doesn't work, Obama wants to let the income tax on rates on dividends go up to only 20%, half of what hard working earned income is taxed. Not only has it not worked, as we see under Bush we lost 8 million jobs, if has drained the Treasury so that the government could not invest in infrastructure and the things that would create jobs. So, trickle down economics takes away jobs.
Here is an article from Bloomberg that says Obama wants to cap the tax on dividends at 20%.
http://www.bloomberg.com/...
Hello! I told you that's what he would do. I told you, after listening to that Reno Gazette interview that this guy is a waste of time. Imagine if he caps the tax on dividends at 20%. More jobs will be lost because the Treasury will have that much less money to spend. Maybe the Obama Vigilantes can defend the lower tax on dividends now because Obama wants it.
Wake the hell up and start understanding that the investment set doesn't make the economy grow, they just push around a lot of electronic entries. Meanwhile, Americans are not spending and when they don't spend, dividends could be taxed at zero percent and business would not invest their capital. It's about jobs, not the trust funder's portfolios.