Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (4171)	2/25/2004 10:01:59 PM
From: brushwud	Read Replies (3) of 81568

I'm tired of this "double taxed" argument. All right, why should a corporation get a tax deduction for bond interest paid, but not for stock dividends paid? That penalizes equity financing relative to debt financing and leads to a riskier capitalization structure. Also, to the extent that corporations avoid paying dividends due to the "double taxed" argument, they hoard cash and conglomerate, which leads to greater concentration of capital at diminishing returns, instead of putting it back in the hands of owners to reinvest as they see fit. workers are forced to pay almost 15K per year just for the priviledge of employment Workers like yourself making over $100K, you mean, who'll collect the maximum SS benefit when they retire, not a mere "privilege". What would you propose, totally integrating SS with the individual income tax, so workers at the bottom would pay almost nothing while those (workers and nonworkers) at the top have their marginal rates raised to over 40% or something? (Actually, I sort of agree with that.)

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