SIFMA today released the following statement from Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy, on an agreement reached by the White House and Congressional leaders on extending tax rates for capital gains and dividends for all taxpayers.
“With this likely agreement, America’s investors have achieved the necessary certainty to put the economic recovery on firmer ground. Extending current tax rates on capital gains and dividends for the next two years will help stimulate savings and investment, thus promoting economic growth and job creation. We urge the Congress to pass this agreement as soon as possible.”