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fastpathguru

02/28/12 12:59 AM

#108277 RE: Elmer Phud #108267

YOU JUST DID, when you said the "double tax" burden is around 27.2% + 15% = 42.2% when the actual "double tax" burden taking this oh so "obvious" factor into account, is ~32%.



FPG, before you embarrass yourself further you might want to reread your own words:

says the guy to claims his Intel dividend tax burden is more than 42%.


You yourself quoted me as saying it was my dividend tax burden. Not the tax on the entire earnings. MY tax burden. 27.2% + 15% = 42.2%

You were wrong, and you just can't admit it.


Oh brother...


LOL

Elmer, if Intel paid no dividends, what would YOUR "dividend tax burden" be?

Zero.

What would YOU have to pay, out of YOUR pocket, to satisfy Intel's income tax burden?

Zero.

YOU would not have to pay any taxes. YOU are not the embodiment of Intel, Intel is already embodied in the form of "Intel, Incorporated."

Incorporate: to form (individuals, an unincorporated enterprise, etc) into a corporation or other organization with a separate legal identity from that of its owners or members

YOU never see those Intel earnings you claim your shares give you ownership of. YOU never pay a single cent of the taxes Intel pays against their earnings.

YOU described YOUR theory of double taxation, which is what I was referring to: "the best measure is how much net tax is paid on the earnings."

More to the point, according to YOU, Intel paid 27.2% tax last year. Shareholders paid an additional 15% tax when those earnings were distributed in the form of dividends. That's 42%+ sucked up by the government, even for those with minimal income.

YOU don't seem to have an honest bone in your body.

fpg