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To: KeepItSimple who wrote (151902)2/18/2002 9:46:21 AM
From: clochard  Respond to of 436258
 
In the UK they have the right idea. Companies pay dividends and the dividends are taxed only once. The company pays income tax on profits and the shareholder gets a credit for the tax paid on the dividend. Make sense. Too bad other counties can't handle the truth.