Defend My Dividend is a national grassroots advocacy campaign that gives investors a powerful
and unified voice with a single mission: to keep and make permanent the current low dividend tax rate beyond
2010. The campaign is sponsored by various associations, organizations and companies
(Click here for a list of partners), with the support of their
members, employees, retirees and shareholders.
Defend My Dividend urges Congress to address the issue of the dividend income tax rate before its scheduled expiration date in 2010. Allowing it to expire would greatly impact millions of Americans who have invested in dividend-paying stocks for their steady and secure source of income. Together, we can make a difference. Click here for frequently asked questions about Defend My Dividend.
- Where is Defend My Dividend active?
- On behalf of utility employees, retirees and shareholders, as well as its coalition partners, Defend My Dividend is focused on building a nationwide grassroots effort that will unify our collective voices in defense of the current tax rate on dividend income. The decision of whether or not to extend the current tax rate beyond 2010 will be determined by Congress, and, as such, our advocacy and educational outreach will be directed to both chambers of the United States Congress and the White House.
- Does Defend My Dividend only represent the utility industry?
- Defend My Dividend is an advocacy campaign founded to educate and mobilize utility employees, retirees and shareholders. Before Defend My Dividend, millions of utility shareholders, many of whom own stock in utility companies through 401(k) plans, did not have a central place to go to get information and to take action on this critical issue. Defend My Dividend has the support of utility companies and state utility shareholder associations because it empowers its stakeholders with valuable tools to educate and engage.
- What other organizations are part of the Defend My Dividend Coalition?
- Defend My Dividend is a diverse and broad-based coalition, including the Minnesota Utility Investors Association, the American Gas Association and the Edison Electric Institute. Each coalition partner is committed to educating and mobilizing stakeholders in their cities, states and nationwide, and giving them a unified voice in defense of the current maximum tax rate on dividend income.
- Is there any cost to join or support Defend My Dividend?
- No. Defend My Dividend is free - it's free to register, free to sign-up for newsletters and free to send communications to key policymakers.
- If individuals register at www.DefendMyDividend.org, will their information be sold?
- No. Defend My Dividend has a very strict privacy policy.
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Dividends ONLY benefit the wealthy. |
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65% of households receiving dividends had incomes below $100,000. |
