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Elmer Phud

02/22/12 11:49 PM

#108090 RE: wbmw #108084

Who would you rather pay the bill?

I would rather cut the bill. We do not have a taxing problem, we have a spending problem.

Can we agree to disagree?
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misen

02/24/12 9:37 PM

#108118 RE: wbmw #108084

Here is a simple example of why "double taxation" is claimed for dividends.

Take a single owner business. The earnings of the business are taxed but the owner is not taxed again when he/she takes distributions of those earnings.

In the case of a corporation, the corporation pays taxes on earnings, but when the owners (shareholders) receive some of those earnings as dividends, they are taxed again.

Misen