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    • Tue Nov 18th 14:57 PM
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      Rating: +1 0
      Commented on:
      Wal-Mart Kept Estimated $60 Million in Sales Taxes
      Someone who owns WMT put options can be expected to welcome, if not generate, bad news about Wal-Mart. Retailers like Wal-Mart collect the great bulk of their sales receipts through credit and debit card transactions for which they must pay a fee to the company that provides the service. So it is reasonable that the merchant be compensated for that, because the states expect to receive a check from Wal-Mart, not a credit card charge. This article is unfair to merchants like Wal-Mart.
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    • Mon Jun 23rd 13:55 PM
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      Rating: 0 0
      Commented on:
      Buffet's Investment in Wachovia Is Unlikely
      Jacobsen, have you forgotten to take your med again?
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    • Thu Apr 3rd 09:46 AM
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      Rating: 0 0
      Commented on:
      Four Reasons to Invest in TD Bank
      Let me correct that! It's not the annual dividend that has to be under $600 (USD), it's the Canadian tax. Thus until the TD annual dividend reaches $4000 (USD), the investor loses 15% to the Canadians but gains it back from the IRS. I might add that TD seems to be an extremely well managed bank. One interesting aspect of this stock is that on days when all the U.S. stocks go down it will quite often go up, providing a contrarian glimmer of hope.
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    • Thu Apr 3rd 08:39 AM
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      Rating: 0 0
      Commented on:
      Four Reasons to Invest in TD Bank
      The problem with TD bank stock is that it's a Canadian stock whose dividends to U.S. stockholders are subject to a Canadian withholding tax of 15%. Thus American stockholders see only 85% of their dividend. It is true that the U.S. allows a foreign tax credit which can alleviate that burden, but unless the annual dividend is under $600 (USD, joint return) the credit is much less than the tax and requires the completion of yet another tax form (form 1116).
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