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| Re: Portal … take two w/link (1470209) | |||
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Re: Portal … take two w/link |
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Posted by italianstallion on Wed Mar 21 16:19:41 2018, in response to Re: Portal … take two w/link, posted by Jackson Park B Train on Wed Mar 21 15:31:40 2018. Yes, the concept of double-taxation of dividends is a scam. The argument is that the money being paid out as dividends by a company has already been taxed as part of their profits. And therefore . . .? I mean, they're two separate transactions. First, the company earns money from sales - that is taxed as income to them. Then, some time later, they pay some of that money out to shareholders - new transaction! And that creates income to the shareholders.If the company used that profit money to purchase some equipment instead, would the argument be that the income that produces to the seller of the equipment be not taxable because those funds were already taxed to the company? I don't think so. |
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