The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Friday, November 30, 2012

Review & Outlook: Costco's Dividend Tax Epiphany -

When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco COST +1.89% co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. So what a surprise this week to see that Mr. Sinegal and the rest of the Costco board voted to give themselves a special dividend to avoid Mr. Obama's looming tax increase. Is this what the President means by "tax fairness"?


Taxes are for the little people. --TS

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"Taxis for the little people": that will be my campaign slogan.

Posted by: dearieme | Nov 30, 2012 2:46:11 PM