Monday, December 3, 2012

A Huge Win-Win For the IRS Due to the ObamaCliff -- Remotely Related to the Bakken and the Bakken Oil Millionaires

It is agreed: taxes are going up in 2013. It's just a matter of hammering out the details.

In response, companies are increasing payouts, accelerating payouts, or both -- before the end of 2012. See how money is being moved around. These increased/accelerated payouts will result in increased revenue for the IRS in 2012.

But, obviously, this is just a one-time event. Dividends will continue to be paid in 2013 and the out-years when the tax rates will be higher.

And, thus the federal government gets a two-fer with the ObamaCliff. 

It's always interesting to watch how things play out when there are major policy changes.

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