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Capital Gain Tax Rate
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Stocks fluctuate while awaiting bailout vote (The Sacramento Bee) The see-saw continued today on Wall Street, as stocks declined in early trading, then rose to show a slight gain as markets await the Senate's vote on an economic bailout plan. Current market numbers Western Asset Income Fund Sets New Rate and Announces Distribution for October 2008 (Business Wire via Yahoo! Finance) PASADENA, Calif.----Western Asset Income Fund, which is listed on the New York Stock Exchange under the symbol “PAI”, announced today a distribution from income of $0.0800 per common share for the month of October 2008. No Tax Bill if You Hold This Fund (Washington Post) In a perfect world, some mutual funds would be aimed at taxable investors and others at tax-deferred investors -- that is, those with money in IRAs, 401(k) plans and the like. After all, such a dichotomy exists in the world of bond funds. Tax-exempt municipal-bond funds are ideal for investors in taxable accounts, while taxable bond funds are well suited for retirement-account holders. Stocks little changed after snapback rally (Los Angeles Daily News) NEW YORK - Financial markets uneasily awaited a Senate vote on the government's proposed financial sector bailout Wednesday, with stock prices showing sharp fluctuations and credit markets still extremely tight. The Dow Jones industrials, down more than 200 points in early trading, recovered to show a slim gain. Fitch Rates Hennepin County, Minnesota's $78.5MM GOs 'AAA'; Outlook Stable (Centre Daily Times) Fitch assigns an 'AAA' rating to Hennepin County (the county), Minnesota's $63.51 million general obligation (GO) bonds, series 2008D and $15 million GO capital notes, series 2008E, scheduled for competitive sale Oct. 8th. Fitch also affirms the county's following ratings (dollar amounts are approximate): Treasuries Gain on Speculation Rescue Won't Stem Growth Decline (Bloomberg) Oct. 1 (Bloomberg) -- Treasuries rose on speculation the U.S. will enter a recession regardless of whether lawmakers approve a plan to rescue the financial system. Shall we cancel the flat tax? (Nine O'Clock) As we are drawing close to the period of the electoral campaign, in view of the general elections from November 30, the parties sharpen their “daggers” and switch to increasingly tougher speeches against their adversaries. The past week was one of the spearheads from this perspective. Western Asset Income Fund Sets New Rate and Announces Distribution for October 2008 (Centre Daily Times) Western Asset Income Fund, which is listed on the New York Stock Exchange under the symbol "PAI", announced today a distribution from income of $0.0800 per common share for the month of October 2008. This distribution is payable October 31, 2008 to shareholders of record as of October 15, 2008. The ex-dividend date will be October 13, 2008. The Fund had previously paid a monthly distribution of ... Fitch Rates Hennepin County, Minnesota's $78.5MM GOs 'AAA'; Outlook Stable (Business Wire via Yahoo! Finance) AUSTIN, Texas----Fitch assigns an 'AAA' rating to Hennepin County , Minnesota's $63.51 million general obligation bonds, series 2008D and $15 million GO capital notes, series 2008E, scheduled for competitive sale Oct. 8th. Stocks little changed after snapback rally (Akron Beacon Journal) NEW YORK: Financial markets uneasily awaited a Senate vote on the government's proposed financial sector bailout today, with stock prices showing sharp fluctuations and credit markets still extremely tight. The Dow Jones industrials, down more than 200 points in early trading, recovered to show a slim gain.
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