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Let’s work together to protect our seniors
Rep. Ron Klein (D-FL) today penned a thoughtful and forceful argument to keep dividend tax rates low. Klein notes that many of the seniors in his district rely on their dividend income to pay the bills and make ends meet. Klein also puts on record his support for taking action to enact the president’s proposal to make permanent the 15 percent maximum tax rate for low and middle income Americans. Learn more about keeping dividend tax rates low at www.DefendMyDividend.org. Head on over to the Hill to read Representative Klein’s editorial.
Defend my dividend countdown update
As we move closer to a new year, America’s investors are also moving closer to an equally significant milestone. When we ring in 2010, only three short months from now, we also start a countdown that may very well lead to no celebration at all.
If Congress does not act, on December 31, 2010, investors from all walks of life – whether individual retirees or pension fund managers – will face markedly increased taxes on their dividend income. In fact, the maximum dividend tax rate will jump from the current 15 percent to almost 40 percent!
I was just in Albuquerque, New Mexico, speaking to more than two hundred investors who are concerned about what the future holds for them. This event, an annual luncheon for members of the New Mexico Utility Shareholders Alliance, brought home to me the importance of face-to-face advocacy. I had been invited to talk about this very issue and to let everyone in the room know that someone was looking out for them.
Discussing the Defend my Dividend campaign
Lauren Blosse and I joined more than 30 representatives of the American Gas Association (AGA) and the Edison Electric Institute member companies and state utility shareholder organizations at a meeting to re-launch the Defend My Dividend (DMD) campaign. The July 15 event was held in Chicago and provided an important forum for key industry advocates to coordinate the DMD message of fair and reasonable tax rates on dividend income.
In light of the President Obama’s budget and Senate Finance Committee Chairman Max Baucus’ supporting legislation, the campaign recently retooled its Web site (www.DefendMyDividend.com) and refined its messaging to commend the president and chairman who have both made statements in support of maintaining and making permanent the 15 percent dividend tax rate for a vast majority of Americans and capping the rate at 20 percent for other taxpayers.
In this video clip, I have a chance to discuss the DMD campaign and other key issues with Mandy Clark, Executive Director of Utility Shareholders of Florida.
True Blue Natural Gas Blog from the American Gas Association (AGA)- Sen. Murkowski, Energy Leaders Point to Natural Gas as Large Piece of the Climate Change Puzzle
- Diversification of natural gas supply is an essential consumer protection
- From Austin to Boston in a natural gas vehicle
- Natural gas, how about zero carbon emissions
- The real natural gas message in a climate crunch
- Let’s work together to protect our seniors
- Natural Gas Market Indicators
- Coming Down To Earth on a ‘Clean Energy’ Standard?
- The convenience of the natural gas fireplace
- Coming Down To Earth, A Winning Strategy For Renewables
