April 2012 Newsletter: Squeezing Dollars for Income at Tax Time
Imagine you can have one of two dollars. One is taxed at 28%, the other at 15%. One leaves you with 72 cents to spend, the other 85 cents. Which would you choose? When we put it that simply, it seems pretty obvious to choose the lower tax rate and end up with more spending power. Yet this simple fact is widely overlooked by many investors seeking income. And there’s no better time to talk about this than the month in which personal tax returns are due. For those seeking current income from their money, it is common to think of instruments that provide a yield, such as Bonds or Certificates...
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