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November 21, 2012
NEW YORK — If Washington allows tax cuts to expire at the end of the year, taxes on dividends will nearly triple for the highest-paid Americans. That's led some experts to warn of a looming collapse for popular dividend-paying stocks. When Uncle Sam charges a higher tax on something, they reason, it drives people away.
But judging by the country's previous experience taxing dividends, that may not be how things play out.
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