Well, well, well. The fiscally irresponsible fatcats have done it agin.
"House Approves $56.6 Bln Tax Measure Extending Dividend Rate
Dec. 8 (Bloomberg) -- The U.S. House passed a $56.6 billion budget measure that extends past 2008 a 15 percent tax rate on dividends and most capital gains.
The House voted 234-197 to extend for two years the 15 percent rate on dividend and capital-gains taxes that was slated to expire in 2008. Republicans credited President George W. Bush's 2003 tax reductions on investments with boosting the stock market and the economy (Ha, ha, ha!).