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Re: Tenchu post# 108134

Sunday, 02/26/2012 3:21:46 AM

Sunday, February 26, 2012 3:21:46 AM

Post# of 152242

There's also nothing that says Warren Buffett can claim his dividends are being taxed at a lower rate than his secretary's income.

But you're implicitly agreeing that dividends are being double-taxed. Which makes Warren Buffett a liar.

So ... what's your point about what is allowed or not allowed? If dividends are double-taxed and you're fine with it, that's different than saying dividends are not double-taxed. One is an honest position, the other isn't.



LOL, other than the precise tax rate of 15% for every dollar earned through dividends?

You what honest? Be honest: Where does this corporate tax burden show up on Mr. Buffett's 1040? What part of Mr. Buffett's income is it based on?

These "double taxation" ideas are based on shareholders "ownership" of a fraction of a corporation... But all you (typically) really "own" for each share is A) a piece of paper that trades at a somewhat arbitrary market value and B) a vote. You don't "own" a share's worth of the corporation's profits (i.e. report it as YOUR income), and therefore you don't "own" the taxes paid on those profits.

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