A 10% discount on 100$ reduces the price to 90$. A 10% disc. on that 90$ reduces the price to 81$. So, two ten percent discounts are really a 19% disc under these circumstances.
A price of 24,673$, (odd number) obscuring the progression, with numerous three four and five percent discounts with some jive talk, ... SOTM.
[guote]I don't think there is a person here who is confused about what was said or meant, other than you.
I'm not confused. You aren't confused.
The problem is that you're omitting significant information, because you don't follow the implications of your economic perspective of dividend "double taxation" through to their logical conclusion.
The government claims 42.2% on my share of Intel's earnings as distributed in the form of dividends.
So what.
Your share of Intel's earnings that are NOT distributed in the form of dividends (which you "own" just as equally as those that are) is A) far larger than the your share that IS distributed as dividends, and B) only taxed at a highly favorable 27.2% (compared to the 35% max personal income tax rate).
Even though SOME of your share of Intel earnings are "double taxed" at 42.2%, when you take into account the REST of your share of Intel earnings, the government winds up with a really not-too-bad-sounding 32% of your total share of Intel earnings.
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