Question: What is the effect of the 2.9% tax on dividends, interest, royalties, and rental income?

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Answer #1:

Less dividends, interest, royalties, and rental income...

Answer #2:

Why wouldn't this influence wealthy individuals to invest their money overseas? Wouldn't the smart money stay away from American stocks, bonds, and real estate?

It is more than the rich who suffer when that happens.





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