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Elmer Phud

02/27/12 9:33 AM

#108188 RE: fastpathguru #108180

It's really very simple to understand, Elmer: Simply adding the effective corporate tax rate to the 15% dividend tax rate is bogus, because only the fraction of corporate earnings that are paid out as dividends are "double taxed" (from your point of view.)

Boy, you really are insightful.