Investors and Experts Propose Extending The Tax Cut on Dividends
“Investors love dividends,” and that, experts say, is one reason many Americans are showing deep support for a permanent dividend tax cut.
According to results of a spot survey sponsored by Eaton Vance Corporation in March, seven in ten (70 percent) Americans polled agree that the current tax cut established by the 2003 Tax Act should remain.
These sentiments closely resemble those of the individual investors polled in Eaton Vance’s 7th annual investor study. A panel of experts at a recent luncheon hosted by the company concurred.
The event-Divining Dividends: The Past, Present, and Future of Corporate Cash Payouts and Implications for Investors-featured a panel of corporate finance, economic, tax, and capital market experts. Discussion focused on dividend trends and potential implications for the stock market and U.S. economy.
Panelist Alice Rivlin, former vice chair of the Federal Reserve, said she was not surprised by the favorable response from polled investors who want the lower tax rate on dividends to continue. “We need to broaden the tax base...