Intel Corp (INTC)

[fastpathguru]

That is a silly argument - if you made no money at all, then what would your tax burden be. Zero - is that what we are striving for as a society - try to get everybody to the bottom?

Tell it to Elmer. He thinks that he's paying more than 15% on the money he makes from dividends, because Intel paid income taxes and he owns a share of Intel.

He JUST SAID IT:

"MY tax burden. 27.2% + 15% = 42.2%"

We know he's responsible for fifteen cents of every dividend dollar he sees.

We know Intel pays approx 27.2% income tax on its EBT, regardless of whether Intel pays a dividend or not.

I want to know when Elmer pays "his" 27.2%.

All I see is an expense that reduces Intel, Incorporated's net income, not Elmer's.

fpg