We've seen time and again how changes in tax policy can influence behavior. Will that be the case in 2014, given that dividends and capital gains will be subject to a higher top marginal tax rate for the second year running? That's the question Motley Fool contributor John Maxfield discusses in the following video. He specifically considers whether high-yielding stocks like AT&T (NYSE:T) and Verizon (NYSE:VZ) will see their share prices affected by the change.

John Maxfield and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.