Order Reprints
Print Article
U.S. President-elect Joe Biden, shown here at an event in Wilmington, Del., on a recent day, could look to undo some of the 2017 tax cuts, including a potential increase on dividend taxes.
Chip Somodevilla/Getty Images
For wealthy individuals, paying a higher tax rate on dividends could be in the offing under the incoming Biden administration, though it’s far from certain given all of the crosscurrents and political rancor in Washington.
Just what will happen in Washington regarding tax policy after President-elect Biden assumes office is hard to divine, and details of any plans for a dividend tax are scant. A spokeswoman for the Biden transition team referred Barron’s to a tax-policy paper on its website that calls for “those making more...