UK Dividend Tax Increase

[Kerim]

Ouch. Big tax increase on dividends in the UK.

[cannew]

Interesting how governments always try to justify any tax by saying the higher income earners will pay more and ignore that they already collected the tax from the corporations.

I'm sure there are tons of tax loop holes where the wealthy can get away with that the average person does not. Why not correct those mistakes or just find a fairer tax which helps everyone (if there is one).

Better yet, CUT government, government employees, government benefits and outrageous pensions. In Canada we have the opportunity to get rid of the Senate, but I doubt they will do it as most are given to retired elected members.

[rayray]

How is this going to affect U.S. shareholders that hold ADR's?