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borusa

02/27/12 5:36 PM

#108270 RE: Professor MD #108269

If you feel you are being treated unfairly or otherwise disadvantaged in this country you could always move.

Tough times.
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fastpathguru

02/28/12 1:04 AM

#108278 RE: Professor MD #108269

The 2010 numbers (source):

EBT, INCLUDING UNUSUAL ITEMS: 16,045.0
Income Tax Expense: (4,581.0)
TOTAL DIVIDEND PAID: (3,503.0)

Dividend taxes paid: (3,503.0)*.15 = (525.45)

Your total "double tax" burden on Intel's earnings (i.e. Intel's income tax + taxes paid by shareholders on Intel's dividends) was:

(525.45 + 4581.0) / 16045 = 0.318 = ~32%



You missed the point. I was showing an error in your calculation.

The Income “Tax Expense: (4,581.0)” does not represent the tax on the dividend. I’ll let you figure out your mistake



Uhh, the OTHER line, "Dividend taxes paid" (calculated as 15% of what Intel paid out in dividends), does.

Seriously, wtf is wrong with you people?

fpg