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Night Stalker · 05-13-2003, 06:39 PM

Yes the Capitol Gains Tax is 20%. Dividend Tax is that or higher.

When I refer to double tax - I'm not talking about transactional changes of hand (corp to share holder, buyer to seller ....). I'm talking about a dollar coming from a source - stock dividens, being taxed .... then since that same dollar is income, taxed again as income - no transaction change.

I won't dispute that this is more to help Corp cronies though .... but there are people that do benefit besides corps ...

[ 05-13-2003, 06:41 PM: Message edited by: Night Stalker ]

05-13-2003, 06:39 PM	#5
Night Stalker Lord Ao Join Date: June 24, 2002 Location: Nevernever Land Age: 51 Posts: 2,002	Yes the Capitol Gains Tax is 20%. Dividend Tax is that or higher. When I refer to double tax - I'm not talking about transactional changes of hand (corp to share holder, buyer to seller ....). I'm talking about a dollar coming from a source - stock dividens, being taxed .... then since that same dollar is income, taxed again as income - no transaction change. I won't dispute that this is more to help Corp cronies though .... but there are people that do benefit besides corps ... [ 05-13-2003, 06:41 PM: Message edited by: Night Stalker ] __________________ [url]\"http://www.duryea.org/pinky/gurkin.wav\" target=\"_blank\">AYPWIP?</a> .... <img border=\"0\" alt=\"[1ponder]\" title=\"\" src=\"graemlins/1ponder.gif\" /> <br />\"I think so Brain, but isn\'t a cucumber that small called a gherkin?\"<br /><br />Shut UP! Pinky!