Americans Seen More Upset by Tax Bite on Profits

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00006439-americans-seen-more-upset-by-tax-bite-on-/

By Svea Herbst-Bayliss, Reuters

U.S. investors are more worried than ever that taxes will take a bite out of their investment profits, but many are confused about how to cut the tax burden on their investment portfolios, a study shows.

Nine out of 10 investors said the impact of taxes on their investment returns is very important to them, marking the highest level of concern since Eaton Vance Corp. began polling investors in 2000.

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