"Enough about the 'fiscal cliff.' What about the dividend cliff?" Jason Zweig notes that on Jan. 1, the maximum dividend tax rate will go from 15% to either 18.8% or a heart-fluttering 43.4% - which means some companies expected to pay billions in dividends in the first few days of 2013 could save investors a bundle by moving a little sooner. Don't miss: He harks back to Ben Graham's drastic proposal that all surplus cash go to dividends unless an annual-meeting vote explicitly provides for reinvestment.