I just started out investing for my retirement. I opened an etrade account a bought dividend paying stocks and had etrade reinvest the dividends into my stock. I am not rich by any means I just live below my means (no car payments for years, still driving my 98 corolla) Is that true that democrats are going to tax dividends at 28% That does not seem to fair since I am saving for my retirement. Or is this over 15% tax for people making who fall in income brackets over 200k etc? Anyone make sense of all of this?