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Steel Penny

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Steel Penny

Re: Lonewolf616 post# 119197

Thursday, 04/24/2014 2:04:58 AM

Thursday, April 24, 2014 2:04:58 AM

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Dividends are used to lower their taxes



Not so, unfortunately. Dividends paid by a corporation are paid from after tax profits. Then you as the investor get to pay taxes on the dividends you are paid. Being taxed twice on the same $$$.
And this is defined by the government as "fair". Hmmm!
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