Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (370878)	2/15/2008 12:43:55 AM
From: Elroy	Read Replies (2) of 1574442

Buffet (and others) get a lower tax rate because of all dividend tax rates. Munis are a small part of it. Essentially wealth (passive dividends) gets taxed at a lower rate than work (wages). Why is that? Dividends shouldn't be taxed at all. Corporations pay taxes already on their profits, and shareholders are owners of corporations. You shouldn't tax the owners of the corporation twice for simply distributing the already taxed profit to its rightful owner.

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